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IM Exploration Engages New Chief Financial Officer

Management Changes

IM Exploration Engages New Chief Financial Officer

Toronto, Ontario, August 30, 2019 – IM Exploration Inc. (CSE: IM) (the "Company”) is pleased

to announce that, subject to regulatory approval by the Canadian Securities Exchange, its Board

of Directors has approved the engagement of Robert Harrison as its new Chief Financial Officer

and Corporate Secretary, effective October 1, 2019.

Mr. Harrison is a Chartered Professional Accountant who has wor ked in accounting-related

management roles for nearly two decades with the Trius Group of Companies.

Mr. Harrison will replace Victor Hugo in a move intended to reduce the Company’s administrative

overhead. The Company thanks Mr. Hugo for his service since ear ly 2018, including during the

Company’s recent initial public offering.

About IM Exploration Inc.

The Company is a mineral exploration and development company focused on exploring its Mulloy

Graphite Property in Northern Ontario.

For further information contact:

Joel Freudman

President and Chief Executive Officer

Tel: (647) 880-6414

Caution Regarding Forward-Looking Information

This news release contains statements and information that, to the extent they are not historical fact,

constitute "forward-looking information" within the meaning of applicable securities legislation. Forward-

looking information is based on the reasonable assumptions and estimates of management with respect to

new officer appointments and the Company’s admin istrative expenses, made based on experience and

management’s perception of trends, current condit ions and expected developments, all of which

management believes to be reasonable in the circumstances at the date hereof, but which may ultimately

prove to be incorrect. Forward-looking information herein includes statements relating to regulatory

approval of a new officer and to the Company’s administrative expenses.

Forward-looking information involves known and unk nown risks, uncertainties and other factors that may

cause the actual results, performance or achievement s of the Company to differ materially from the

outcomes expressed or implied by the forward-looki ng information herein, including, but not limited to,

regulatory approval processes and unforeseen costs and expenditures. Accordingly, readers should not

place undue reliance on any such forward-looking in formation. The Company does not undertake any

obligation to update any forward-looking information herein to reflect new developments after the date

hereof, except as required by applicable securities legislation.

The Canadian Securities Exchange has neither appr oved nor disapproved the contents of this news

release. The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy

of this news release.