IMC Exploration Group Plc – 15/09/2015
As already announced, IMC is seeking a standard listing on the main market of the London Stock Exchange. Our Corporate Advisors, Keith Bayley Rogers have already commenced this process and indicated the listing will be achieved within the final quarter of 2015. The London Stock Exchange is one of the world’s foremost markets for admission and trading of equity and includes many of the world’s most successful and dynamic companies.
In addition, IMC has completed the placing of 15,000,000 new ordinary shares at a price of 1p per share to finance admission costs as well as the company’s general working capital requirements. These funds will also be used to carry out further exploratory work on IMC’s base metal licences in Tulla, Co. Clare, Shannon and Limerick.
Chairman Liam McGrattan commented: “Due to the many significant developments in IMC over the last six months, we feel it is imperative that IMC join the prestigious London Stock Exchange to ensure maximum shareholder value is achieved.”
The Directors of the issuer accept responsibility for this announcement.
IMC Exploration Group Plc
Mr. Liam McGrattan Tel. Ireland: +353 87 2745427
Keith Bayley Rogers & Co. Limited
Mr. Hugh Oram Tel. +44 207 464 4090