DJ IMC Exploration Group Plc Result of AGM and Share Placement

User Rating: 0 / 5

Star InactiveStar InactiveStar InactiveStar InactiveStar Inactive

IMC Exploration Group plc

At the recent Annual General Meeting of IMC, all the resolutions put to
shareholders were passed.

The board of IMC Exploration Group plc ('IMC') are also pleased to announce
that they have

raised GBP150,000 by way of a Placing and Subscription of 15,000,000 new ordinary
shares of

EUR0.01 each in the Company, at a price of 1p per share. Two directors, Liam
McGrattan and Nial Ring have subscribed GBP50,000. Global Resource Investment
Trust plc has subscribed a further GBP50,000.

Following this issue of new ordinary shares, the total number of ordinary
shares in issue is 122,816,719.

Chairman, Liam McGrattan commented "IMC continues to make solid progress in its
exploration and corporate activities. We look forward to the coming year with

Contact Details:

IMC Exploration Group PLC
Liam McGrattan
Tel. +353 872745427

Keith Bayley Rogers & Co. Limited
Hugh Oram
Tel: +44 207 464 4090

About IMC Exploration

IMC Exploration Group plc was incorporated in Ireland in June 2011 with a view to identifying precious and basemetal deposits in Ireland. IMC the current holder of the prospecting licences at Avoca, covering licence areas 2239, 3849, 3850 and 3857.

Contact details

IMC Exploration Group plc,
70 Ballybough Road,
Dublin 3, Ireland

Telephone: +353 87-2745427

©2018 IMC Exploration Group Plc. All Rights Reserved. Website design by Webstop