Infrastructure Materials Corp. Secures Working Capital Loan
09 Juli 2014 - 3:17PM
Infrastructure Materials Corp. ("Infrastructure" or the "Company")
(TSX-V:IFM) (OTCPINK:IFAM), is pleased to announce that it has
arranged for a $70,000 loan, proceeds of which will be used for
working capital. The loan is unsecured, bears interest at 4% per
annum and is payable on demand. The lender is a private corporation
controlled by a director of the Company, who disclosed his conflict
of interest to the Company's Board of Directors and abstained from
voting in connection with this matter.
Infrastructure Materials Corp. is a Reno, Nevada based
exploration stage company that is directing its efforts to the
exploration and development, if warranted, of precious metal
properties located in Nevada and cement grade limestone deposits in
strategic locations in the United States.
For further information please see our public filings at
www.sedar.com and www.sec.gov/edgar.shtml or contact:
Mason Douglas, President and CEO Phone: 866-448-1073 Email:
info@infrastructurematerialscorp.com or visit our website at
www.infrastructurematerialscorp.com or
www.cementforthefuture.com
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
FORWARD-LOOKING STATEMENTS: This press release contains certain
"forward-looking statements" within the meaning of U.S. securities
laws. Forward-looking statements are frequently characterized by
words such as "plan," "expect," "project," "intend," "believe,"
"anticipate," "estimate" and other similar words or statements to
the effect that certain events or conditions "may", "have" or
"will" occur. This release also contains statements based upon
historical records pertaining to our mineral claims that have not
been verified by the Company. The term, "resource" is not a term
that is recognized by SEC guidelines and does not rise to the level
of certainty required by SEC guidelines. Forward-looking statements
or references to historical records are based on the material in
our possession, opinions and estimates of management at the date
the statements are made, and are subject to a variety of risks and
uncertainties and other factors that could cause actual events or
results to differ materially from those stated or projected in this
press release. The Company undertakes no obligation to update
forward-looking statements or historical information unless
specifically required by law. The reader is cautioned not to place
undue reliance on forward-looking statements.
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