NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 28, 2012) - International Millennium Mining Corp. (TSX VENTURE:IMI) (the "Company" or "IMMC") announces that it has filed on SEDAR amended and restated the unaudited interim condensed consolidated financial statements and management discussion and analysis for the quarters ended March 31, 2011, June 30, 2011, and September 30, 2011, which have been reviewed and approved by the British Columbia Securities Commission (collectively the "Amended Statements").
The Amended Statements have been revised to reflect the impact of an adjustment of the recording of flow through shares as a result of the transition from Canadian GAAP to International Reporting Standards ("IFRS") as of the date of transition to IFRS (January 1, 2010). In addition the Company has amended the transition effect of its recording of gains and losses on foreign exchange on translation of foreign subsidiaries under IFRS and updated the 2010 comparative information.
International Millennium Mining Corp. (TSX VENTURE:IMI) is a mineral exploration and development company engaged in acquiring known smaller mine deposits, such as its Nivloc, Nevada silver-gold mine project, in the Americas, with the goal of advancing the properties to the mining stage. Emerging targets include silver, gold, copper, zinc and lead. The Company's common shares trade on the TSX Venture Exchange under the symbol: IMI
ON BEHALF OF THE BOARD
John A. Versfelt, President & CEO
Further information about the Company can be found on the IMMC website (www.immc.ca), 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.