International Millennium Mining Corp. (TSX-V: IMI) (the “Company” or “IMMC”) announces that it will be amending the terms of 37,077,400 common share purchase warrants (the "Warrants") previously issued pursuant to non-brokered private placements that closed in June 2016 and December 2016.
Under the original terms, the Warrants entitled the holder to purchase common shares of the Company at an exercise price of $0.05 per share, if exercised by June 29, 2019. Pursuant to the amendment, the expiry date of the Warrants will be extended to December 31, 2020. The amendment to the term of the Warrants is subject to acceptance by the TSX-Venture Exchange.
All other terms and conditions of the Warrants, including the exercise price, remain unchanged. A notice of extension of expiry date will be sent to all Warrant holders. Warrant holders are advised that replacement Warrant certificates will not be issued and that the original Warrant certificates must be presented to the Company in order to effect the exercise of such Warrant.
International Millennium Mining Corp. (TSX-V: IMI) common shares trade on the TSX Venture Exchange under the symbol: IMI and on the Frankfurt Exchange under the symbol: L9J.
ON BEHALF OF THE BOARD
“John A. Versfelt”
John A. Versfelt
President and CEO
Further information about the Company can be found on SEDAR (www.sedar.com) or by contacting Mr. John Versfelt, President & CEO of the Company at 604-527‑8135.
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Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, potential mineral recovery processes and other business transactions timing. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.