Mr. Robert McLeod reports

IDM MINING LTD. ANNOUNCES SHARES FOR DEBT SETTLEMENT

IDM Mining Ltd. has received regulatory approval and has extinguished $676,845 of amounts owing to certain arm's-length creditors through the issuance of 4,512,301 common shares of the company at a deemed price of 15 cents per share. The shares are subject to a four-month hold period from the date of issuance.