Business
IMC International Mining Corp. to Release Results From Thane Property Work Program and Provides Corporate Update
VANCOUVER, BC / ACCESSWIRE / November 9, 2020 / IMC International Mining Corp. (CSE:IMCX) (OTC PINK:IMIMF) (FRA:3MX) (the "Company" or "IMC"), is pleased to adv
About this update from Copper Quest Exploration Inc.
[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / November 9, 2020 / IMC International Mining Corp. (CSE:IMCX) (OTC PINK:IMIMF) (FRA:3MX) (the \"Company\" or \"IMC\"), is pleased to advise that the results of the Thane Property summer work program are currently being received and analyzed by the IMC's exploration consultants and we expect to report their conclusions in the very near future. Presently, the Company is in a good cash position with no debt and still has access up to $8,000,000 in an equity draw down with Alumina Partners Inc. IMC has targeted additional exploration opportunities in Canada with particular emphasis on B.C and will immediately report any acquisitions as they arise. The Company also announces the appointment of Dave McMillan as Interim Chief Executive Officer in addition to his current role as Interim President and as a director of the Company. This appointment is a result of the resignation of Brian Thurston as Chief Executive Officer and as a Director in order to pursue his other business opportunities. The company thanks Mr. Brian Thurston for his time and effort he put into the company. Mr. McMillan has been involved in the mining and financial markets for over 40 years and has, since his retirement from the securities industry in 2000, held numerous director and executive roles in public and private companies. During his 17 years in the securities industry, Mr. McMillan was an investment adviser, vice-president, director and senior partner at one of the top private brokerage firms in Canada. During this time, Mr. McMillan was instrumental in the financing of many junior exploration companies in North America and South America, including the junior exploration companies that originally discovered the mineral resources that led to the development of the Kemess and Mount Milligan mines, both of which are located in the same geological trend as the company's Thane project in British Columbia. The Company also advises that granting of 1,000,000 options exercisable at $0.19 for 5 years to certain Directors subject to vesting restrictions as defined in the Company's stock option plan. ON BEHALF OF IMC INTERNATIONAL MINING CORP. Greg HawkingsChairman of the Board of Directors1-604-897-8804 Dave [email protected] ABOUT IMC INTERNATIONAL MINING CORP. IMC is a junior exploration and development company focus...