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File: #4_042015_SharesForDebt.docx
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FOR IMMEDIATE RELEASE April 20, 2015
(IDM 2015 - NR #3)
IDM Mining Ltd. Announces Shares for Debt Settlement
Vancouver, British Columbia - April 20, 2015 - IDM Mining Ltd. (the "Company") is pleased to announce that it has rece
--->ived regulatory approval and has extinguished $676,845 of amounts owing to certain arms-length creditors through the i
--->ssuance of 4,512,301 common shares of the Company at a deemed price of $0.15 per share. The shares are subject to a 4
---> month hold period from the date of issuance.
ABOUT RED MOUNTAIN
IDM Mining is currently earning an option to acquire a 100% interest in the 17,125 hectare Red Mountain property, loca
--->ted 15 kilometers northeast of Stewart, BC. Numerous precious and base metal targets have been identified by IDM and
--->previous operators over a 15 km by 4 km trend of strong alteration and mineralized prospects. Since discovery in 1989
--->, in excess of $40 million has been spent on the Project including a production sized underground ramp.
IDM announced positive results from a NI 43-101 PEA and revised Resource Estimate completed by JDS Energy & Mining Ltd
--->. for Red Mountain (see IDM news release dated July 23, 2014). A technical report prepared in compliance with the requ
--->irements of the Canadian Securities Administrators' NI 43-101 has been filed on SEDAR and the Company's website.
At a 3.0 g/t Au cutoff, Measured and Indicated Resources from the Marc and AV Zones at Red Mountain are 1,454,300 tonn
--->es averaging 8.15 g/t Au and 29.57 g/t Ag totaling 380,900 oz Au and 1,382,800 oz Ag. Inferred Resources from the Mar
--->c, AV and JW Zones are 332,900 tonnes averaging 7.69 g/t Au and 12.72 g/t Ag totaling 82,300 oz Au and 136,200 oz Ag.
ABOUT IDM MINING LTD.
IDM Mining Ltd. is mineral exploration company (TSX: IDM) based in Vancouver, BC, Canada. The Company's current explo
--->ration activities are focused on precious metals exploration. Further information can be found on the Company's websi
--->te at www.IDMmining.com.
ON BEHALF OF THE BOARD
of IDM Mining Ltd.
"Robert McLeod"
President, CEO and Director
For more information, contact:
Robert McLeod
604-681-5672 direct
604-617-0616 cell
rm@idmmining.com
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