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IND — Industrial Minerals News Story

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Brief: Industrial Minerals To Acquire Drill Proven Gold Portfolio

May 13 (Reuters) - Industrial Minerals Ltd IND.AX:

IND TO ACQUIRE DRILL PROVEN GOLD PORTFOLIO

ACQUISITION VALUED AT A$4.67 MILLION IN SHARES WITH 2.0% NSR ROYALTY

CONDUCTING TWO-TRANCHE PLACEMENT OF UP TO A$3 MILLION AT A$0.10 PER SHARE

Further company coverage: IND.AX

 ((Reuters.Briefs@thomsonreuters.com;))

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