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Warrant Symbol - IMM.WT.A
Number  Trading - 1,500,000
Expiration Date - August 1 1996
Cusip - 452925 11 8

Warrants called to trade news:
 
1996-04-26 16:44 MT - SMF Approved
 
The company's SMF dated April 26 1996 has been filed with and accepted by the BCSC and the VSE.
 
Effective date:  April 29 1996
Offering date:  Tba
Expiry date:  August 1 1996
Offering:  1,500,000 units. Each unit consisting of one share and one series A share purchase warrants.
Unit price:  $0.55
Wt exercise price:  $0.55 per share

Wt term:  Two series A warrants to purchase one share for six months

Agent:  Yorkton Securities
Agents' Wts:  750,000 share purchase warrants, exercisable on the same basis as the series A entitling the agent to purchase up to 375,000 shares at $0.55 per share for six months from the offering date except two warrants are required to purchase one share.
Agents' commission:  7%
Greenshoe option:  Up to 15% for 60 days
Wt trading symbol:  IMM.WT.A
Wt security No:  895642
Cusip No:  452925 11 8

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