Barytex & Kobex: Plan of Arrangement, Name Change and Consolidation, Delist

IMA Exploration Inc. ("IMA"), (TSX VENTURE:IMR)(NYSE Amex:IMR), Kobex Resources
Ltd. ("Kobex") (TSX VENTURE:KBX) and International Barytex Resources Ltd.
("Barytex") (TSX VENTURE:IBX) are pleased to announce that the business
combination (the "Transaction") announced in joint news releases dated July 16
and August 18, 2009, and described in the Joint Information Circular mailed to
Kobex and Barytex shareholders, was completed on September 30, 2009.


The Transaction was effected by way of court approved statutory plans of
arrangements (the "Arrangements") under the Business Corporations Act (British
Columbia), pursuant to which all of the issued and outstanding securities of
Kobex and Barytex at the effective time were exchanged for IMA securities on the
following basis: (i) 1.311 IMA common shares for each Kobex common share; (ii)
0.221 IMA common shares for each Barytex common share; and (iii) stock options
and warrants exercisable to acquire IMA common shares on an adjusted basis to
reflect the respective share exchange ratios, for each of the Kobex and Barytex
stock options and warrants.


Following the completion of the Arrangements, the common shares of IMA were
consolidated on a 2.4 old shares for one new share basis, and IMA's name has
been changed to "Kobex Minerals Inc.".


The Kobex Minerals Inc. shares will commence trading on a post-consolidated
basis on the TSX Venture Exchange and on NYSE Amex at the open of trading on
October 1, 2009 under the symbol "KXM". The shares of Kobex and Barytex will be
delisted from the TSX Venture Exchange effective at the close of trading on
September 30. 2009.


Outstanding IMA share purchase warrants which currently trade on the TSX Venture
Exchange under the symbol "IMR.WT.A" have been adjusted as a result of the
consolidation and are now exercisable to acquire an aggregate of 596,875 common
shares of Kobex Minerals Inc. at a price of $9.12 per share until March 21,
2010. The warrants are expected to commence trading under a new symbol on or
before October 5, 2009.


CAUTIONARY NOTE REGARDING FORWARD LOOKING-STATEMENTS

This news release contains "forward-looking statements" within the meaning of
the United States Private Securities Litigation Reform Act of 1995 and
applicable Canadian securities legislation. Generally, these forward-looking
statements can be identified by the use of forward-looking terminology such as
"plans", "expects" or "does not expect", "is expected", "budget", "scheduled",
"estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or
"believes", or variations of such words and phrases or state that certain
actions, events or results "may", "could", "would", "might" or "will be taken",
"occur" or "be achieved".