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Re: None

Thursday, 04/02/2020 8:45:33 AM

Thursday, April 02, 2020 8:45:33 AM

Post# of 2916
In addition to the foregoing, if, through additional exploration programs, a resource calculation of at least 800,000,000lbs of copper-equivalent, as determined based on a National Instrument 43-101 (Standards of Disclosure for Mineral Projects) ("NI 43-101") compliant resource estimate, is determined to be indicated within the Cathedral prospect area, then IMC will issue an additional aggregate of $2-million CAD worth of common shares (or cash in lieu, at IMC's option) to the Vendors. $IMIMF