The process was over three sales, covering shares held by IMX, and two of its wholly-owned subsidiaries.
IMX is owns and operates the highly prospective Nachingwea Exploration Project in south-eastern Tanzania, which includes the potentially word-class Ntaka Hill Nickel Sulphide project, located around 250 kilometres west of the port town of Mtwara.
In Australia, the company operates and owns 51% of the Cairn Hill Mining Operation near Coober Pedy in South Australia, where it produces a premium coarse-grained magnetite-copper-gold DSO product at a rate of 1.8Mtpa.
Also in the state, IMX is actively developing the Mt Woods Magnetite Project in South Australia.
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