Duncan McBain resigns as Managing Director of IMX

Iron ore producer and explorer, IMX Resources Limited wishes to advise that the Managing Director, Mr. Duncan McBain, has tendered his resignation to the Board.

Chairman, Mr. Johann Jacobs, said that “it is with regret that we accept Duncan’s resignation. Duncan has lead IMX for the past 4 and a half years, taking the Company from a multi commodity explorer to a more focussed company which is now an iron ore producer and steel making raw material and copper explorer. The Board wishes to sincerely thank Duncan for his untiring commitment to the Company.”

Mr. McBain will undertake the role of CEO pending the appointment of a new Managing Director. The IMX Chairman and Board will immediately commence both a local and international search for the most suitably credentialed candidate.