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International Metals Announced Proposed Consolidation

Corporate Actions

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INTERNATIONAL METALS MINING CORP.

NEWS RELEASE

INTERNATIONAL METALS ANNOUNCED PROPOSED CONSOLIDATION

Vancouver, British Columbia October 31, 2024 – International Metals Mining Corp. (the

“Company”) (TSXV: IMM | OTCQB: CYNXF | FSE: C2YD) announces that the Board of Directors have

approved a consolidation of the Company’s issued and outstanding common shares on the basis of four

(4) pre-consolidation shares for one (1) post-consolidation share, subject to regulatory approval. The

Board of Directors is proceeding with the consolidation on the basis that it will provide the Company with

increased flexibility to seek additional financing opportunities and strategic acquisitions.

About International Metals Mining Corp.

International Metals Mining Corp. is a Canadian company engaged in the acquisition, exploration,

and development of mineral properties focusing on battery metals and mineral assets. The

Company is focused on its 100% owned copper-gold porphyry property in Peru.

International Metals Mining Corp.

Per: “Brian Thurston”

Brian Thurston President and CEO

Tel: +1 778 928-6565

Statement regarding forward-looking information

This release includes certain statements that may be deemed "forward-looking statements". All

statements in this release, other than statements of historical facts, that address events or

developments that the Company expects to occur, are forward -looking statements. Forward-

looking statements are statements that are not historical facts and are generally, but not always,

identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates",

"projects", "potential" and similar expressions, or that events or conditions "will", "would", "may",

"could" or "should" occur and include statements relating to: the consolidation, including,

approval of the TSXV and the completion of the consolidation. Although the Company believes

the expectations expressed in such forward-looking statements are based on reasonable

assumptions, such statements are not guarantees of future performance and actual results may

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differ materially from those in the forward-looking statements. Factors that could cause the

actual results to differ materially from those in forward-looking statements include market prices,

exploitation and exploration successes on the Company’s properties, and continued availability of

capital and financing, and general economic, market or business conditions, laws in the

jurisdictions where the Company operates. Investors are cautioned that any such statements are

not guarantees of future performance and actual results or developments may differ materially

from those projected in the forward-looking statements. Forward-looking statements are based

on the beliefs, estimates and opinions of the Company's management on the date the statements

are made. Except as required by applicable securities laws, the Company undertakes no obligation

to update these forward-looking statements in the event that management's beliefs, estimates

or opinions, or other factors, should change.

Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of

this release.

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