DJ IMC Exploration Group Plc Issue of Equity - Directors' Interests

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Issue of New Equity Securities

The board of IMC is pleased to announce that it has raised GBP 120,000 before
expenses by way of a placing (the "Placing") of 10,000,000 new ordinary shares
of EUR0.001 each in the capital of the Company ("Ordinary Shares") at a price
of 1.2 pence per share (the "Placing Shares"). The total number of Ordinary
Shares in issue following the Placing is 250,014,285.

The net proceeds of the Placing will be used to continue with IMC's three main
Projects: IMC's study on PL 3850 on its spoils and tailings project in Avoca,
Co. Wicklow, IMC's north Wexford gold project and IMC's zinc project in Tulla,
Co. Clare.

The board has been advised that the new Chairman, Mr Eamon O'Brien, has
subscribed for 4,340,000 of the Placing Shares. This will increase his
shareholding in IMC from 1,900,000 (0.79%) to 6,240,000 Ordinary Shares, or

IMC further confirms that the directors' shareholdings and their percentages of
voting rights in the issued share capital of IMC as it has been enlarged by the
Placing described above, are as follows:

Name of Director Number of Ordinary Shares Percentage of Issued Share

Eamon O'Brien 6,240,000 2.50

Dr. Glenn Millar 3,600,001 1.44

Laz Fleming 3,615,001 1.45

Kathryn Byrne 1,025,000 0.41

Dublin, 3rd October 2018

The Directors of the issuer accept responsibility for this announcement.


IMC Exploration Group Plc
Mr. Eamon O'Brien
Telephone (Ireland): +353 87 6183024

Keith, Bayley, Rogers & Co. Limited
Mr. Brinsley Holman
Telephone: +44 20 7464 4098
Mr. Graham Atthill-Beck
Telephone: +44 20 7464 4091/+44 750 643 4107/+971 50 856 9408


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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