IMX Resources Ltd. Share Purchase Plan to be Underwritten

West Perth WA (FSCwire) - IMX Resources Limited (ASX: IXR) (‘IMX’ or the ‘Company’) advises that it has entered into an underwriting agreement for the placement of shares from any shortfall under the Share Purchase Plan ('SPP') that is currently being undertaken.

The SPP was previously not underwritten, however the Company was recently approached by a party who expressed an interest in underwriting the SPP and underwriting terms have been agreed.

The SPP, which opened on 27 July 2015 and will close at 5:00 pm on 25 August 2015, allows eligible shareholders to subscribe for up to $15,000 in new fully paid ordinary shares at 1.2 cents per share. The number of shares issued under the SPP will be capped so that total funds raised under the SPP are not more than $1 million.

As at the close of business on 24 August 2015, the Company had received applications for $423,000 of shares under the SPP.

Shares issued pursuant to the SPP will be fully paid and will rank equally with the Company's existing issued Shares. The Company will make an application to the ASX for official quotation of the SPP Shares.

Full details of the terms and conditions of the SPP and the intended use of funds raised under the SPP are contained in the SPP booklet which was lodged with the ASX on 29 July 2015.


PHIL HOSKINS
Chief Executive Officer



For further information, please contact:

IMX Resources Ltd.
Phil Hoskins – Chief Executive Officer
Tel: +61 8 9388 7877

Media
Nicholas Read/Paul Armstrong – Read Corporate
Telephone: +61 8 9388 1474
E: info@readcorporate.com.au

Stuart McKenzie – General Manager Commercial and Company Secretary
Tel: +61 8 9388 7877



About IMX Resources Limited

IMX Resources is an Australian minerals exploration company that holds a 5,800 km2 tenement package at the Nachingwea Property in south-east Tanzania. The Nachingwea Property hosts the Chilalo Graphite Project, the Ntaka Hill Nickel Project and the Kishugu and Naujombo Gold Prospects. IMX’s primary focus is on high-grade, high quality graphite and it is rapidly advancing development of the Chilalo Graphite Project. Chilalo is located approximately 220 km by road from the deep water commercial Mtwara Port, the majority of which is a sealed main road. IMX aims to become a respected supplier of high quality graphite for the clean technology economy.

To find out more, please visit www.imxresources.com.au.