On July 9, 2014, Infrastructure Materials Corp. announced that it has obtained a $70,000 loan (the Loan) from a private corporation controlled by a member of the company's Board of Directors. The Loan was made pursuant to an unsecured, demand promissory note dated as of July 3, 2014 and bears interest a rate of 4% per annum.

Proceeds from the Loan will be used for working capital.