DJ IMC Exploration Group Plc Result of AGM and Share Placement

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IMC Exploration Group plc

At the recent Annual General Meeting of IMC, all the resolutions put to
shareholders were passed.

The board of IMC Exploration Group plc ('IMC') are also pleased to announce
that they have

raised GBP150,000 by way of a Placing and Subscription of 15,000,000 new ordinary
shares of

EUR0.01 each in the Company, at a price of 1p per share. Two directors, Liam
McGrattan and Nial Ring have subscribed GBP50,000. Global Resource Investment
Trust plc has subscribed a further GBP50,000.

Following this issue of new ordinary shares, the total number of ordinary
shares in issue is 122,816,719.

Chairman, Liam McGrattan commented "IMC continues to make solid progress in its
exploration and corporate activities. We look forward to the coming year with

Contact Details:

IMC Exploration Group PLC
Liam McGrattan
Tel. +353 872745427

Keith Bayley Rogers & Co. Limited
Hugh Oram
Tel: +44 207 464 4090

About IMC Exploration

IMC Exploration Group plc (IMC) is currently listed on the London Stock Exchange market (Ticker: IMC). IMC has a Mineral Resource that is classified as ‘inferred’ and has been reported in accordance with the JORC Code (2012). IMC holds properties in southeast Ireland that are highly prospective for gold, copper and other base metals. These include the world famous historic Avoca copper mine.

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Contact details

IMC Exploration Group plc,
70 Ballybough Road,
Dublin 3, Ireland

Telephone: +353 872819215

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