IMA Outlines Merger and Acquisition Objectives
15 Novembro 2007 - 4:40PM
Marketwired
VANCOUVER, BRITISH COLUMBIA (TSX VENTURE: IMR)(AMEX:
IMR)(FRANKFURT: IMT)(WKN 884971) is pleased to give an update to
its October 18, 2007 announcement regarding the ongoing review of
new mineral projects. To date the Company has been reviewing
numerous project submissions regarding property acquisitions and
joint ventures. This process has been undertaken under the
direction of IMA's Management, including Dr. Greg Myers, P.Geo, who
has joined IMA specifically with the task of property review and
acquisitions.
The Company is reviewing opportunities with several other
companies that have projects that meet IMA's business criteria.
These companies, in Management's view, control very attractive gold
and silver assets. IMA's objective is to acquire 15 to 25
properties and build a Company that contains several million ounces
of gold or equivalent with substantial funds for continued
exploration, and maintain a share structure that can achieve a
rapid growth in shareholder value.
The process is focused on companies or projects with either a
defined mineral reserve, or an advanced stage exploration property.
These projects must also have the potential for significant
expansion through continued exploration and located in politically
stable environments.
IMA's objective is to once again be regarded as an industry
leader in the field of mineral exploration and a premier investment
choice. The Company is undertaking this process in conjunction with
its financial advisors (Canaccord Adams) along with other technical
and business professionals in an effort to expedite the
implementation of this business model.
ON BEHALF OF THE BOARD
Mr. Joseph Grosso, President & CEO
Cautionary Note to US Investors: This news release may contain
information about adjacent properties on which we have no right to
explore or mine. We advise U.S. investors that the SEC's mining
guidelines strictly prohibit information of this type in documents
filed with the SEC. U.S. investors are cautioned that mineral
deposits on adjacent properties are not indicative of mineral
deposits on our properties. 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, receipt of property titles, potential
mineral recovery processes, etc. 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.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or the accuracy of this
release.
Contacts: IMA Exploration Inc. Joseph Grosso President & CEO
(604) 687-1828 or Toll Free: 1-800-901-0058 IMA Exploration Inc.
Sean Hurd Vice President, Investor Relations (604) 687-1828 or Toll
Free: 1-800-901-0058 (604) 687-1858 (FAX) Email:
info@imaexploration.com Website: www.imaexploration.com
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