IMC announces that it has agreed with Mineral Ventures Invest spol. s r.o. that the final date by which the conditions of the intended acquisition of the Karaberd Mine in Armenia, announced on 15th April 2021, must be fulfilled has been extended to 15th July 2022.
The reason for the extension is that, owing to local, COVID-19 pandemic-related factors, financial reporting work required to enable IMC to issue a prospectus in relation to the proposed acquisition has taken longer to quantify and produce than had originally been anticipated. If, as and when necessary, the Directors of IMC shall continue to update shareholders and the market on the progress of the proposed transaction.
Eamon P. O’Brien,
Executive Chairman,
23rd December 2021
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