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WG.CN ·

IM Exploration Engages New Chief Financial Officer

Management Changes

Toronto, Ontario, August 30, 2019 – IM Exploration Inc. (CSE: IM) (the "Company”) is pleased to announce that, subject to regulatory approval by the Canadian Securities Exchange, its Board of Directors has approved the engagement of Robert Harrison as its new Chief Financial Officer and Corporate Secretary, effective October 1, 2019.

Mr. Harrison is a Chartered Professional Accountant who has worked in accounting-related management roles for nearly two decades with the Trius Group of Companies.

Mr. Harrison will replace Victor Hugo in a move intended to reduce the Company’s administrative overhead. The Company thanks Mr. Hugo for his service since early 2018, including during the Company’s recent initial public offering.

About IM Exploration Inc.

The Company is a mineral exploration and development company focused on exploring its Mulloy Graphite Property in Northern Ontario.

For further information contact:

Joel Freudman President and Chief Executive Officer Tel: (647) 880-6414

Caution Regarding Forward-Looking Information

This news release contains statements and information that, to the extent they are not historical fact, constitute "forward-looking information" within the meaning of applicable securities legislation. Forward- looking information is based on the reasonable assumptions and estimates of management with respect to new officer appointments and the Company’s administrative expenses, made based on experience and management’s perception of trends, current conditions and expected developments, all of which management believes to be reasonable in the circumstances at the date hereof, but which may ultimately prove to be incorrect. Forward-looking information herein includes statements relating to regulatory approval of a new officer and to the Company’s administrative expenses.

Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from the outcomes expressed or implied by the forward-looking information herein, including, but not limited to, regulatory approval processes and unforeseen costs and expenditures. Accordingly, readers should not place undue reliance on any such forward-looking information. The Company does not undertake any obligation to update any forward-looking information herein to reflect new developments after the date hereof, except as required by applicable securities legislation.

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release. The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this news release.