NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 6, 2011) - International Millennium Mining Corp. ("IMMC" or the "Company") (News - Market indicators) (FRANKFURT:L9J) announces the Company applied for and received a Management Cease Trade Order ("MCTO") effective at the opening May 5, 2011. Application for the MCTO was made anticipating the Company would default in meeting the filing deadline for its audited annual financial statements, management discussion and analysis ("MD&A") and executive certificates for the year ended December 31, 2010 (the "required annual filings"). The Company had anticipated completing the required annual filings by May 2, 2011, however circumstances have forced the Company to revise this to not later than May 11, 2011.
Interim quarterly filings, including the financial statements, MD&A and executive certificates, for the three month period ended March 31, 2011 will be filed on schedule at the end of May 2011, following completion of the required annual filings. It is anticipated that the interim quarterly filings will be filed by May 30, 2011. The Management Cease Trade Order will remain in effect until the Company is no longer in default with respect to its filing requirements and the British Columbia Securities Commission lifts the cease trade order.
About International Millennium Mining Corp
International Millennium Mining Corp. is a mineral exploration and development company engaged in acquiring known small mines world-wide and in the 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 gold, silver, 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.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.