OTTAWA, CANADA -- (Marketwire) -- 05/19/11 -- Industrial Minerals Inc. ('IDSM' or the 'Company') (OTCBB: IDSM) announces that it will hold an Annual and Special Meeting of Shareholders (the 'Meeting') at 11:00am on Wednesday, June 29, 2011 at the Company's offices located at Suite 201, 290 Picton Avenue, Ottawa, Ontario. The Board of Directors has fixed May 20th, 2011 as the record date for the Meeting.