Mr. Robert McLeod reports

IDM MINING ANNOUNCES GRANT OF STOCK OPTIONS UNDER NEW STOCK OPTION PLAN

IDM Mining Ltd. has granted stock options to directors, officers, employees and consultants to purchase a total of 10.5 million common shares of the company at an exercise price of 19 cents per share for a five-year term expiring May 11, 2021.

IDM approved and adopted a new rolling 10-per-cent stock option in December, 2015, as a result of its transition to the TSX Venture Exchange. The new plan replaces and supercedes the company's previous rolling 10-per-cent stock option and bonus share plan that was originally adopted in April, 2010. The new plan must be approved and reapproved on an annual basis by the shareholders at each annual general meeting of the company as required by the policies of the TSX-V. The next annual general meeting of shareholders of the company will be held on June 14, 2016.

The granting of the above options to purchase a total of 10.5 million common shares were granted under the new plan and are subject to the company receiving the necessary shareholder and regulatory approvals of the new plan and the option grants. If such approvals are not obtained, the options granted under the new plan will terminate. Subject to such approvals, the options shall vest immediately as of the date of the grant.