iMetal Resources Inc. announced that due to a serious medical situation in his immediate family, Mr. Brian Fagan has resigned as President, CEO, and Director of the company, effective this date. He will continue with the company as a Consultant and join iMetal's Advisory Board where he will be available to advise and assist the company in all matters. Mr. Johan Grandin, a Director of the company, and formerly President and CEO of the company has been appointed and will assume the position of President and CEO.

iMetal wishes to thank Mr. Fagan for all his contributions to the company during his Directorship and Officer positions. The company is very pleased he will continue his involvement with iMetal as a consultant on its Advisory Board and wish him all the best in his current health related situation. Ms. Ruth Bezys, currently a member of iMetal's Advisory Board has been appointed a Director of the company.

Ms. Bezys is a geological consultant with over 30 years of varied experience in the international minerals industry as principal geologist for Wildwood Geological Services Inc. and formerly as Chief Geologist for the Sedimentary and Industrial Minerals section of the Manitoba Geological Survey.