Mining & Infra : Change of Nominated Adviser and Brokerp

For immediate release 30 October 2014 INTERNATIONAL MINING & INFRASTRUCTURE CORPORATION PLC

("IMIC" or "the Company")

Change of Nominated Adviser and Broker International Mining & Infrastructure Corporation plc (AIM: IMIC), the company focused on unlocking the value of African iron ore, announces the appointment of Strand Hanson Limited as the Company's Financial and Nominated Adviser with immediate effect.

In addition, the Company announces the appointment, also with immediate effect, of Pareto Securities
Limited as sole Broker.

For further information, please contact:

International Mining and Infrastructure Corporation plc	www.imicplc.com
Haresh Kanabar, Chairman	[phone]
Strand Hanson Limited - Financial & Nominated Adviser James Spinney / Ritchie Balmer / James Bellman	www.strandhanson.co.uk [phone]
Pareto Securities Limited - Sole Broker Guy Wilkes / Will Slack	www.paretosec.com [phone]
Buchanan Mark Court / Sophie Cowles	www.buchanan.uk.com [phone]

About IMIC

IMIC's strategy, in conjunction with its strategic partner AIOG, is to work with African countries to create fundable solutions for infrastructure provision. In addition, IMIC will look to acquire interests in or control of junior iron ore miners where there is an opportunity for an infrastructure solution. IMIC considers such investments are attractive because IMIC will benefit from the uplift in the value of the investments once the infrastructure solution begins to be put in place. IMIC has made its first investment with the acquisition of Afferro Mining Inc, whose most advanced asset, Nkout, and other projects are located in Cameroon. IMIC plans to continue to develop its assets, including accelerating the feasibility studies of the smaller Ntem deposit, which is only 80km from Kribi deep water port.
IMIC's focus will initially be on iron ore opportunities in West and Central Africa. The demand for iron ore is currently being driven by China which consumes approximately 70 per cent. of the world's current annual production. As the urbanization of China continues demand for iron ore is expected to remain at significant levels through to 2030. The iron ore projects currently identified in West and Central Africa have the potential to produce at least 400 million tonnes of iron ore each year. This would establish Africa as a global player, alongside Australia and Brazil, in the iron ore industry.
In order to help deliver its infrastructure solutions, IMIC and AIOG are establishing strategic partnerships with various Chinese state owned companies. These companies are involved in railway and port construction, power, iron ore beneficiation and iron ore marketing. These relationships are intended to give AIOG and IMIC the ability to deliver infrastructure solutions and to guarantee the onward sale of iron ore in China.
Agreements have been signed by AIOG and in some cases the Company with the following Chinese companies (or their subsidiaries):

China Railway Eryuan Engineering Group (CREEC): EPC contractor

China Railway Group (CREC) Railways and Ports

China Machinery Engineering Corporation (CMEC): power

China Railway Materials Co. Ltd, (CRM) Off-take

China Huaye Group Co. Ltd, (MCC Huaye): Ore beneficiation

l M IC shares are traded on the London Stock Exchange's Al M market under the ticker symbol l M IC.