22 Oct

Update on the Tax Dispute in Cameroon

International Mining & Infrastructure Corporation plc (AIM: IMIC), the Company focused on unlocking the value of iron ore in Africa, is pleased to announce the reopening on 20 October 2015 of the headquarters of its 100 per cent. owned subsidiary, Caminex SA (“Caminex”), which serves as the Company’s principal local operating company in the development of the Company’s iron ore assets in Cameroon. In addition, Caminex’ local bank accounts have been unfrozen. These positive developments are a result of Caminex filing an administrative appeal against the demand received from the Cameroonian Tax Authorities for payment of tax.

Full announcement...