International Millennium Mining Corp.: Sale & Purchase Agreement Terminated
October 04 2013 - 9:23AM
Marketwired Canada
International Millennium Mining Corp. (TSX VENTURE:IMI) (the "Company" or
"IMMC") announces that the Sale and Purchase Agreement dated March 5, 2013 (the
"Sale Agreement") between its wholly-owned subsidiary, International Millennium
Mining Inc. ("IMMI") and Silver Reserve Corp. ("SRC"), a wholly-owned subsidiary
of Infrastructure Materials Corp. (OTCBB: IFAM; TSX-V: IFM) has been terminated.
The Sale Agreement contemplated the sale of the SRC's underlying interests in
the Nivloc, Nevada Property (the "Nivloc Property Interests") for US$425,000.
With the termination of the Sale Agreement, the Nivloc Property Interests
continue to be governed by the Option and Joint Venture Agreement dated February
25, 2011 (the "Nivloc Agreement") between SRC and IMMI.
International Millennium Mining Corp. is a mineral exploration and development
company, engaged in acquiring known smaller mine deposits, such as its Nivloc,
Nevada silver-gold mine project, in the Americas, with the goal of advancing the
properties to the mining stage. Emerging targets include silver, gold, copper,
zinc and lead. The Company's 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, President & CEO
Further information about the Company can be found on the IMMC website
(www.immc.ca) or on SEDAR (www.sedar.com).
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.
FOR FURTHER INFORMATION PLEASE CONTACT:
International Millennium Mining Corp.
Ms. Sheri Barton
403-217-5830
sheribarton@telus.net
International Millennium Mining Corp.
Mr. John Versfelt
President & CEO
604-527-8135
www.immc.ca
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