IMA Exploration Inc.
TSX VENTURE : IMR
FRANKFURT : IMT
BERLIN : IMT
AMEX : IMR

IMA Exploration Inc.

March 05, 2007 10:31 ET

IMA Replies to Aquiline's Factum In the Appeal of Navidad Judgment

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 2, 2007) - IMA Exploration Inc. (TSX VENTURE:IMR)(AMEX:IMR)(FRANKFURT:IMT)(BERLIN:IMT)(WKN 884971) is pleased to announce that it has filed its reply and factum with the Court of Appeal of British Columbia. The reply is in response to Aquiline's factum of February 18, 2007.The reply and factum will be posted on the Company's website (www.imaexploration.com) once it has been filed with SEDAR. It is expected to be on the website no later than March 7th. Management strongly encourages shareholders and all interested parties to visit IMA's website to view this document. The Court of Appeal is scheduled to hear IMA's appeal on April 10, 2007.

ON BEHALF OF THE BOARD

Mr. Joseph Grosso, President & CEO

Cautionary Note to US Investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.

Contact Information

  • IMA Exploration Inc.
    Joseph Grosso
    President & CEO
    (604) 687-1828 or Toll Free: 1-800-901-0058
    or
    IMA Exploration Inc.
    Sean Hurd
    Vice President, Investor Relations
    (604) 687-1828 or Toll Free: 1-800-901-0058
    (604) 687-1858 (FAX)
    Email: info@imaexploration.com
    Website: www.imaexploration.com