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IMC International Mining Corp

09:52 AM EST - IMC International Mining Corp : Has entered into a non-binding letter of intent with Orosur Mining Inc. for the latter company to sell its mining and exploration permits in Uruguay to IMC for a US$1 million cash consideration. Orosur has entered into a non-binding letter of intent to sell its mining and exploration permits in the San Gregorio area of Uruguay to IMC for a cash consideration of US$1 million, subject to satisfactory completion of due diligence by IMC within 45 days. If the sale is completed, the proceeds will be used to pay liabilities in Uruguay in connection with the previously announced court approved creditors’ settlement agreement. IMC International Mining Corp shares CNSX:IMCX are trading unchanged at $0.52.