Director/PDMR Shareholding

    RNS Number : 1992Y
  International Consolidated Min. Inc
  02 July 2008
   


    International Consolidated Minerals Inc
    ("ICMI" or the "Company")

    Director's Shareholding

    International Consolidated Minerals Inc. (AIM: ICMI) , the South American focused mineral exploration and development company, was
notified today that Greg Smith, a director of the Company, purchased the following ordinary shares of US$0.001 in the Company ("Ordinary
Shares"):
 Date of acquisition  Ordinary Shares  Purchase Price
 2 July 2008          10,000           £1.94
 2 July 2008          20,000           £1.90

    Following the purchases today, Mr. Smith and companies in which he has a beneficial interest hold 7,720,257 Ordinary Shares,
representing 20.49 per cent. of the issued ordinary share capital of the Company.

    Enquiries:
 International Consolidated Minerals 
 Greg Smith      Chairman, CEO                        Tel: [phone]
 Pawan Sharma    Executive Vice President -           Tel: [phone]
                 Corporate Affairs
 Strand Partners Limited
 Simon Raggett                                        Tel: [phone]
 Warren Pearce                                        Tel: [phone]
 Pelham Public Relations
 Charles Vivian                                       Tel: [phone]
 John McLeod                                          Tel: [phone]

    ADDITIONAL INFORMATION ON INTERNATIONAL CONSOLIDATED MINERALS INC.
    International Consolidated Minerals Inc (AIM: ICMI) was formed in 2005 to pursue mineral exploration, development and production with
its initial attention in Latin America. ICMI's strategy is to focus on high-quality mining assets at an advanced stage of development. In
early 2006, ICMI acquired the Pachapaqui mining property in central Peru which contains appreciable high grade zinc, lead, copper, silver
and gold mineral reserves and resources. The property consists of 32 mining concessions of 2,105 hectares and one beneficiation concession
of 65 hectares on which is located mining infrastructure and equipment, hydro-electrical generating stations, offices and accommodations,
and concentrating plant facilities.  In 2007, while conducting upgrades of the facilities, ICMI embarked on a drilling and exploration
geology programme, initially in one area on the Pachapaqui property, from which the Company has had tremendous success and is confident of
proving up significant additional mineral reserves and resources.  The Company intends to bring the Pachapaqui Mine into production in 2009. Further information is available from the Company's
website at: http://www.icmi-inc.com.

    - END -

This information is provided by RNS
The company news service from the London Stock Exchange
 
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