TORONTO, Sept. 6, 2019 /CNW/ - IM Exploration Inc. (CSE: IM) (the "Company") is pleased to announce that the Ontario Ministry of Energy, Northern Development and Mines has issued an exploration permit (the "Permit") in respect of the Company's proposed work program at its Mulloy Graphite Project in Rowlandson Township, Ontario (the "Property").
The Permit covers line cutting, geophysical surveying, and drilling at the Property, and is valid until September 3, 2022.
The Company is mobilizing personnel and will soon commence early-stage exploration activities at the Property, starting with magnetic and/or electromagnetic surveying.
About IM Exploration Inc.
The Company is a mineral exploration and development company focused on exploring the Property in Northern Ontario.
Caution Regarding Forward-Looking Information
This news release contains statements and information that, to the extent they are not historical fact, constitute "forward-looking information" within the meaning of applicable securities legislation. Forward-looking information is based on the reasonable assumptions and estimates of management with respect to the Company's exploration program, made based on experience and management's perception of trends, current conditions and expected developments, all of which management believes to be reasonable in the circumstances at the date hereof, but which may ultimately prove to be incorrect. Forward-looking information herein includes statements relating to the timing and scope of the Company's proposed exploration program at the Property.
Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from the outcomes expressed or implied by the forward-looking information herein, including, but not limited to, risks associated with mineral exploration activities. Accordingly, readers should not place undue reliance on any such forward-looking information. The Company does not undertake any obligation to update any forward-looking information herein to reflect new developments after the date hereof, except as required by applicable securities legislation.
The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release. The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this news release.
SOURCE IM Exploration Inc.
For further information: Joel Freudman, President and Chief Executive Officer, Tel: (647) 880-6414