Business
IMC International Mining Corp. Applies for Upgrade to OTCQB Venture Market & Provides Corporate Update
VANCOUVER, BC / ACCESSWIRE / December 29, 2020 / IMC International Mining Corp. (CSE:IMCX) (OTC PINK:IMIMF) (FRA:3MX) (the "Company" or "IMC") is pleased to ann
About this update from Copper Quest Exploration Inc.
[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / December 29, 2020 / IMC International Mining Corp. (CSE:IMCX) (OTC PINK:IMIMF) (FRA:3MX) (the \"Company\" or \"IMC\") is pleased to announce that is has applied to upgrade to the OTCQB Venture Market. The Company currently trades on the OTC Pink Market under the symbol IMIMF and expects the upgrade to broaden investor visibility and enhance liquidity in the United States. The OTCQB, operated by OTC Markets Group Inc., is a premier market for entrepreneurial and development stage U.S. and international companies that are committed to providing investors high-quality trading and improved market visibility to enhance trading liquidity. To be eligible for trading on the OTCQB, companies must be current in their financial reporting with the Securities and Exchange Commission (the \"SEC\") (if a U.S. reporting company), pass a minimum bid price test and other initial requirements, and, on an annual basis, undergo company verification and management certification process. Interim Chief Executive Officer, David McMillan remarked, \"We are excited about IMC's upgrade to the OTCQB Venture Market. This milestone exhibits our continued commitment to our shareholders and we believe trading on the OTCQB will enhance liquidity, compliment our Canadian and German listings and further increase our visibility to the greater investor community.\" Work to date on IMC's 100% owned Thane Property, located in north-central British Columbia, has so far identified six areas of significant gold ± copper ± silver mineralization. At the 2 km by 1.5 km Cathedral Area, rock sampling has returned up to 20.1g/t Au and 3.29% Cu from the Pinnacle Showing and up to 6.85g/t Au and 13.90 % Cu from the Cathedral Showing. The geological model for this area is interpreted to be an alkalic porphyry, which is consistent with other deposits in the area. Results from this past summers' geological mapping, rock and soil sampling and IP surveying are expected in early January. The scientific and technical information disclosed in this news release was reviewed, verified and approved by Christopher O. Naas, P. Geo., COO of IMC International, who is a \"Qualified Person\" as defined in NI 43-101. ON BEHALF OF IMC INTERNATIONAL MINING CORP.David McMillanInterim Chief Executive Officer and DirectorTelephone: +1-604-588-2110 Investor Relations: Emai...