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The board of IMC Exploration Group plc (IMC) is pleased to announce that it has
raised GBP50,000 by way of a placing of 5,000,000 new ordinary shares of
EUR0.001 each in the Company ("Ordinary Shares") at a price of 1p per share
(the "Placing Shares"). Attached are one warrant for every 5 Ordinary shares
at a price of 1p per share, excercisable for three years from today.

The total number of shares in issue following the Placing is 255,014,285.

The net proceeds of the Placing will be used to continue our exploration work
on PL 3849 in Avoca, Co. Wicklow.

The Directors of IMC, after due and careful enquiry, accept responsibility for
the contents of this announcement.

Contact Details:

Kathryn Byrne: +353 85 233 6033
IMC Exploration Group plc

Brinsley Holmam: +44 207 464 4098
Keith Bayley Rogers

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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