Dr. Derek Fisher reports

IMX ANNOUNCES BOARD AND MANAGEMENT APPOINTMENTS; CHANGES MARK THE BEGINNING OF A NEW ERA FOR THE COMPANY AS A TIGHTLY FOCUSED TANZANIAN MINERALS EXPLORER

IMX Resources Ltd. will be making a number of additional changes to its board and senior management team, effective from the end of September, 2014.

The changes are designed to ensure that IMX has a strong leadership team in place as it transitions from being a South Australian iron ore producer to a Tanzanian mineral explorer with coming exploration programs to commence in October.

Nick Corlis, who commenced with IMX earlier this year as general manager, exploration, has been appointed to the board as executive director, exploration. Mr. Corlis is a geologist with over 20 years of domestic and international experience in the resource sector, and was previously general manager, business development, for Flinders Mines. Before that, he held senior management and technical roles with Perilya Ltd., Golder Associates and WMC Ltd. Mr. Corlis has played a key role in the recent gold and graphite discoveries in Tanzania that will form the main focus of IMX's coming activities.

The company's chief financial officer, Phil Hoskins, has been appointed acting chief executive officer. Mr. Hoskins has been CFO at IMX since January, 2012. He is a chartered accountant who commenced his career at a large international accounting firm, and has held senior corporate positions with several Australian and international listed companies.

IMX's company secretary, Stuart McKenzie, has been appointed to the combined role of general manager, commercial, and company secretary. Mr. McKenzie has over 25 years of experience in senior commercial roles. He was previously company secretary with Anvil Mining Ltd., and before that was treasurer and company secretary with Ok Tedi Mining Ltd.

IMX's chairman, Dr. Derek Fisher, will assume a more hands-on role to support the company's management team during this transition period. Dr. Fisher has more than 40 years of experience at all levels of the industry, and was co-founder and director of the successful African copper miner Anvil Mining and co-founder and CEO/managing director of Moly Mines Ltd.

Dr. Fisher said the changes were designed to put in place an appropriately qualified and capable board and management team to lead the company forward, while also significantly reducing corporate and administrative overheads.

IMX will also be closing its South Australian office on Sept. 30, and will retain a small Perth office at Level 2, 41 Colin St., West Perth, and a regional office in Tanzania, both with significantly reduced staffing levels.

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