TIDMIMCP
IMC Exploration Group plc
AGM & SHARE PLACEMENT
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 £150,000 by way of a Placing and Subscription of 15,000,000 new ordinary
shares of
€0.01 each in the Company, at a price of 1p per share. Two directors, Liam
McGrattan and Nial Ring have subscribed £50,000. Global Resource Investment
Trust plc has subscribed a further £50,000.
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
enthusiasm."
Contact Details:
IMC Exploration Group PLC
Liam McGrattan
Tel. +353 872745427
Keith Bayley Rogers & Co. Limited
Hugh Oram
Tel: +44 207 464 4090