International Metals Mining Corp. announced that it has entered into a mining claims purchase agreement (the Purchase Agreement) with Tristar Energy Corp. (Tristar) pursuant to which, and subject to the terms and conditions contained therein, it would acquire a 60% right, title, and interest in Tristar's Minas Gerais mining permits located in the state of Minas Gerais (the "Property"), Brazil, known as Brazil's Lithium Valley (the Acquisition).

Under the terms of the Purchase Agreement, the Company will earn its undivided 60% right and interest in the Property upon issuing 20,000,000 common shares in the capital of the Company (Shares) to Tristar and paying the sum of ($550,000) as follows: $150,000 in cash within ninety (90) days from the execution of the Purchase Agreement; and $400,000 in cash within twelve (12) months from the execution of the Purchase agreement. The Property comprises 26 mineral claims totaling 39,596.63 hectares of surface area. It is strategically located approximately 11 kilometers east from both Sigma Lithium Corporation's ("Sigma") Groto do Cirilo Project, and Lithium Iconic Inc.'s Itinga Project, and 13 kilometers east of Atlas Lithium Corp.'s (Atlas Lithium) Neves Project, in the State on Minas Gerais, Brazil.

Sigma's properties are located in the municipalities of Aracuai and Itinga, in Brazil's mining-friendly Minas Gerais State, approximately 450 kilometres northeast of the state capital of Belo Horizonte. Sigma holds 27 mineral rights in four properties spread over 19,100 hectares, which include nine past-producing lithium mines. Atlas Lithium controls approximately 24,233 hectares of mineral rights in Lithium Valley.