IMC Exploration Group Plc Variation of Framework Agreement

 
TIDMIMC 
 
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF 
Regulation (EU) No. 596/2014 of the European Parliament and the Council of 16 
April 2014 on market abuse as it forms part of retained EU law as defined in 
the European Union (Withdrawal) Act 2018 (the "MArket Abuse Regulation"). UPON 
THE PUBLICATION OF THIS ANNOUNCEMENT THE INSIDE INFORMATION IS NOW CONSIDERED 
TO BE IN THE PUBLIC DOMAIN. 
 
                           IMC EXPLORATION GROUP PLC 
 
                                    ("IMC") 
 
Proposed Acquisition of Karaberd Mine - Extension to 15th July 2022 of Time for 
                          Satisfaction of Conditions 
 
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 
 
Enquiries: 
 
Keith, Bayley, Rogers & Co.     Graham Atthill-Beck: [phone] 
Limited                         [e-mail]; 
                                [e-mail] 
                                Brinsley Holman: [phone] 
                                [e-mail] 
 
IMC Exploration Group plc       [phone] 
 
 
 
END 
 
 

(END) Dow Jones Newswires

December 23, 2021 10:33 ET (15:33 GMT)