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INTERNATIONAL METALS MINING CORP.

INTERNATIONAL METALS COMPLETES SHARES FOR DEBT TRANSACTION

Vancouver, British Columbia (March 26, 2025) - International Metals Mining Corp. (the "Company") (TSXV: IMM) (OTC PINK: CYNXF) (FSE: C2Y) announces that, further to its news release of February 12, 2025, it has settled an aggregate of $518,238.36 in debt (the "Shares for Debt Transactions") owing to certain arm's-length creditors and non-arm's-length creditors of the Company.

In connection with the Shares for Debt Transactions, the Company has issued (a) 5,216,510 units (each, a "Unit") at a deemed price of $0.075 per Unit, whereby each Unit comprises of one (1) common share of the Company ("Share") and one (1) transferrable share purchase warrant ("Warrant"), with each Warrant convertible into an additional Share (a "Warrant Share") at an exercise price of $0.15 per Warrant Share for a period of 24 months from the date of issuance, to settle an aggregate of $391,238.36 in debt that was owed to certain arm's-length creditors; and (b) 1,693,333 Shares at a deemed price of $0.075 per Share in order to settle an aggregate of $127,000 in debt that was owed to executive officers, or corporations held thereby, of the Company.

The following insiders of the Company ("Insiders") participated in the Shares for Debt Transactions - (i) Brian Thurston, Chief Executive Officer and Director of the Company, received 933,333 Shares to satisfy $70,000 that was owed by the Company; and (ii) a corporation held by Dong Shim, Chief Financial Officer of the Company, received 760,000 Shares to satisfy $57,000 that was owed by the Company. The participation of Insiders in the Shares for Debt Transactions is considered a "related party transaction" pursuant to Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company expects that it will be exempt from the requirements to obtain a formal valuation and minority shareholder approval in connection with the Insiders' participation in the Shares for Debt Transactions in reliance of sections 5.5(a) and 5.7(a) of MI 61-101, respectively, on the basis that participation in the Shares for Debt Transactions by the Insiders will not exceed 25% of the fair market value of the Company's market capitalization. The Company did not file a material change report more than 21 days before the closing of the Shares for Debt Transactions as the details of the participation therein had not been confirmed until shortly prior to closing of the Shares for Debt Transactions.

All securities issued pursuant to the Shares for Debt Transactions, and any Shares that may be issuable on the exercise of Warrants, are subject to a statutory hold period expiring July 27, 2025, being the date that is four months and one day from the date of issuance in accordance with applicable securities legislation. The Shares issued to Insiders are also subject to a concurrent Exchange Hold Period (as such term is defined in the policies of the TSX Venture Exchange).

About International Metals Mining Corp.

International Metals Mining Corp. is a Canadian company engaged in the acquisition, exploration, and development of mineral properties focusing on battery metals and mineral assets. The Company is focused on its 100% owned copper-gold porphyry property in Peru.

International Metals Mining Corp.

Per: Brian Thurston

President and Chief Executive Officer

Tel: +1 778 928-6565

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information

This news release contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities legislation. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or" should" occur or be achieved. All statements, other than statements of historical fact are forward-looking statements. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the Company has made assumptions and estimates based on or related to many of these factors. All forward-looking statements contained in this news release are qualified by these cautionary statements and those in the Company's continuous disclosure filings available on SEDAR+ at www.sedarplus.ca. Readers should not place undue reliance on the forward-looking statements contained in this news release concerning these items. The forward-looking statements contained in this press release are made as of the date hereof, and the Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.