Just reading the info from the company web site:
IMA Exploration Inc is a Vancouver-based exploration company with a history of discovery success in the precious metal sector, over $20 million CDN in its treasury, and a plan for success during these challenging economic times.The Company has no debt and has reduced its burn rate by close to 50% since the summer of 2008. As a shareholder of IMA Exploration, you are aligned with management's belief that cash is even more valuable an asset to a mining exploration company than property, in times of economic downturn. It is the preservation of cash that has created a compelling investment opportunity for IMA's shareholders. IMA will continue, with its merger and acquisition team, to evaluate projects and companies that meet all of the Company's exacting criteria for proven value with exceptional exploration upside.
June 04, 2009
Share Capitalization
Share Structure
Issued & Outstanding 52,132,064
Warrants Outstanding 1,666,670
Options Outstanding 1,468,000
Fully Diluted 55,266,734
Warrants Summary
Expiry Date Grant Price Outstanding
14-Sep-09 $3.45 1,666,670
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