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IM Exploration to start trading in Toronto after successful IPO

Graphite explorer IM Exploration Inc.'s shares will begin trading on the Canadian Securities Exchange on May 30, under the ticker IM, after successfully completing its initial public offering, it said May 29.

In the IPO, the explorer offered 3 million shares at 10 Canadian cents per share, to raise C$300,000.

IM Exploration is focused on exploring the Mulloy graphite project in northern Ontario.