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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.

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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