International Millennium Mining Corp.
TSX VENTURE : IMI
FRANKFURT : L9J

International Millennium Mining Corp.

December 30, 2008 17:28 ET

International Millennium Announces Non-Brokered Flow-Through Private Placement

NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 30, 2008) - International Millennium Mining Corp. (TSX VENTURE:IMI) (FRANKFURT:L9J) (the "Company") announces that it has arranged a private placement of 1,700,000 flow-through units. Each unit is comprised of one (1) flow-through common share and one (1) non-flow-through, non-transferable share purchase warrant entitling the holder to purchase an additional share at $0.10 per share for a period of two (2) years from the date of issuance. The units are priced at $0.05 per unit and the placement is subject to regulatory acceptance.

The Company will use the proceeds of this financing for exploration work on the Company's Harrison Lake properties.

About International Millennium Mining Corp

International Millennium Mining Corp. is a mineral exploration and development company engaged in the acquisition and exploration of polymetallic mineral properties in Canada and the Americas. To date, the Company has acquired and is exploring mineral properties in British Columbia and Ontario, Canada; Nevada, USA; and Sonora State, Mexico. Emerging mineral targets include silver, gold, cobalt, molybdenum, zinc, lead, nickel, copper and platinum group metals. The Company's common shares trade on the TSX Venture Exchange under the symbol: IMI and on the Frankfurt Exchange under the symbol: L9J.

ON BEHALF OF THE BOARD

John A. Versfelt, President and CEO

Further information about the Company can be found on SEDAR (www.sedar.com).

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, potential mineral recovery processes and other business transactions timing. 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.

Contact Information

  • International Millennium Mining Corp.
    Mr. John A. Versfelt
    President & CEO
    (604) 984-9907
    (604) 983-8056 (FAX)
    or
    International Millennium Mining Corp.
    Mr. D. Alex Caldwell
    Corporate Secretary
    (604) 984-9907
    (604) 983-8056 (FAX)
    Email: info@immc.ca