Announcements

Variation of Framework Agreement

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IMC announces that it has agreed with Mineral Ventures Invest spol. s r.o. that the final date by which the conditions of the intended acquisition of the Karaberd Mine in Armenia, announced on 15th April 2021, must be fulfilled has been extended to 15th July 2022.

  The reason for the extension is that, owing to local, COVID-19 pandemic-related factors, financial reporting work required to enable IMC to issue a prospectus in relation to the proposed acquisition has taken longer to quantify and produce than had originally been anticipated. If, as and when necessary, the Directors of IMC shall continue to update shareholders and the market on the progress of the proposed transaction.

Eamon P. O’Brien,

Executive Chairman,

23rd December 2021

Enquiries:

Keith, Bayley, Rogers & Co. Limited Graham Atthill-Beck: +44 7506 43 41 07
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Brinsley Holman: +44 7776 30 22 28
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IMC Exploration Group plc +353 85 233 6033

About IMC Exploration

IMC Exploration Group plc (IMC) is currently listed on the London Stock Exchange market (Ticker: IMC). IMC has a Mineral Resource that is classified as ‘inferred’ and has been reported in accordance with the JORC Code (2012). IMC holds properties in southeast Ireland that are highly prospective for gold, copper and other base metals. These include the world famous historic Avoca copper mine.

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

Telephone: +353 872819215
Email: info@imcexploration.com

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