International Gold Mining Limited

International Gold Mining Limited

January 30, 2008 16:36 ET

International Gold Announces Investor Relations Appointment and Option Grants

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 30, 2008) - INTERNATIONAL GOLD MINING LIMITED (TSX VENTURE:IGL) (the "Company") announces it has retained the services of Capital Street Group to assist the Company in its investor relations activities, subject to acceptance by the TSX Venture Exchange.

David Taylor, Principal of Capital Street Group, has over 15 years of leadership, management, marketing and sales positions in capital markets including a career in management with Canada's Thomson Financial and a senior position providing portfolio management services to investors in private equity. He has also been involved in the start-up structuring, financing and management of private companies.

Capital Street Group has been retained under a consulting agreement effective January 7, 2008, for a three month period at $5,000 per month plus reimbursement of all reasonable out-of-pocket expenses, after which the agreement may be extended subject to Board approval. Capital Street is not related to the Company, does not have any direct or indirect material interest in the Company or its securities, other than the stock options described below, and does not have any right or intention to acquire any such interest.

Stock Options

International Gold Mining has also agreed to grant stock options to purchase up to 50,000 common shares in the capital stock of the Company to Capital Street Group, effective January 7, 2008, exercisable at a price of 10 cents per share, subject to TSX Venture Exchange vesting rules.

Stock options to purchase up to 200,000 common shares in the capital stock of the Company, exercisable at 25 cents per share until January 7, 2013, have also been granted to a director of the Company, under its 2007 Stock Option Plan. These options are subject to vesting requirements and a hold period until May 9, 2008.

On behalf of the Board of Directors


Alan Phillips, President/CEO

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

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