bae77487-7558-4dae-9889-2d4b657b54c6.pdf

31 May 2016

IMX AND GRAPHEX COMPLETE AGREEMENT FOR SALE OF CHILALO GRAPHEX LISTING SET FOR 14 JUNE

IMX Resources Limited (ASX: IXR) ('IMX' or the 'Company') is pleased to advise that the conditions precedent to the sale of the Chilalo Graphite Project (and other graphite tenements) to Graphex Mining Limited ('Graphex') have been satisfied.

As a result, the in-specie distribution of Graphex shares to IMX shareholders and the issue of Graphex shares to subscribers under the initial public offering can now take place. A timetable for the listing of Graphex is set out below, with a proposed date of 14 June 2016 for commencement of trading on the ASX. Graphex has been assigned the ASX code: GPX.

Event

Date

Completion of Acquisition Agreement

30 May 2016

Ex-date for In-specie Distribution

3 June 2016

Record date for In-specie Distribution

6 June 2016

Completion of In-specie Distribution

7 June 2016

Issue of Shares and Loyalty Options under the Offers

8 June 2016

Despatch of holding statements

8 June 2016

Expected date for Shares to commence trading on ASX

14 June 2016

PHIL HOSKINS

Managing Director

For further information, please contact: Phil Hoskins - Managing Director

Tel: +61 8 9388 7877

Media

Michael Weir & Richard Glass - Citadel-MAGNUS Tel: +61 8 6160 4900

Stuart McKenzie - Commercial Manager and Company Secretary Tel: +61 8 9388 7877

Joint Lead Managers Palladion Partners Rod Clarkson

Tel: + 61 2 9002 5415

RM Corporate Finance Nathan Barbarich

Tel: + 61 (0) 403 185 194

IMX Resources Ltd. published this content on 31 May 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 31 May 2016 01:51:06 UTC.

Original documenthttp://imxresources.com.au/1590-2/

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