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IMX Resources Limited

09:49 AM EST - IMX Resources Limited : announced that it has reached agreement with MMG Exploration Holdings Limited on terms and conditions under which MMG may earn up to a 60% joint venture interest in the Company's Nachingwea Project, which include the Ntaka Hill Nickel Sulphide Project, located in south-east Tanzania as shown in Figure 1. MMG is a wholly owned subsidiary of Hong Kong Stock Exchange listed MMG Limited, a diversified base metals mining and exploration company, with a market capitalization of approximately $1.35 billion U.S. IMX Resources Limited shares T.IXR are trading unchanged at $0.07.