Mr. Derek Fisher reports

BOARD AND MANAGEMENT CHANGES

IMX Resources Ltd. had made a number of significant management changes at IMX as the board restructures the company to refocus its activities to exploration of its highly prospective Tanzanian assets.

Gary Sutherland, the company's managing director, will leave the company, effective Sept. 30, 2014.

In addition, John Nitschke, former chairman and acting managing director, is resigning as non-executive director, effective July 31, 2014.

IMX chairman Dr. Derek Fisher thanked Mr. Sutherland and Mr. Nitschke for their contributions to the company: "On behalf of the IMX board, I would like to acknowledge John for his hard work and significant commitment to IMX over an extended period of time. I also thank Gary for his contribution during the short and difficult period he has been with IMX, and I appreciate his continued involvement through to Sept. 30.

"The company is at a significant point in its evolution with its highly prospective Nachingwea tenements in Tanzania hosting multiple advanced prospects for nickel, graphite and gold, all of which can generate strong news flow over [the] coming months."

The board and management changes reflect the company's renewed focus on gold and graphite exploration and its commitment to significantly reduce corporate overhead costs and streamline its operations. Mr. Sutherland will continue to work closely with senior management to ensure a smooth transition. The company anticipates that Mr. Sutherland's replacement is likely to be finalized in the fourth quarter of this year.

We seek Safe Harbor.