Industrial Minerals Selects Allen & Caron Inc for Investor Relations, Corporate Communications

February 28, 2011

COOS BAY, Ore., Feb. 28, 2011 /PRNewswire/ — Industrial Minerals Corp. (Pink Sheets: ILMCY), a minerals processing company focused on developing the Southern Oregon Mineral Sands project, announced today that is has selected Allen & Caron Inc as its agency for investor relations and corporate communications. With offices in New York City, Irvine, CA and London, Allen & Caron will help Industrial Minerals develop an effective outreach program to increase visibility in the investment community and the business/financial media.

Industrial Minerals Chief Executive Officer Philip Garratt said: “This is an important time for us, as we begin developing our unique minerals project in southern coastal Oregon, an area containing the only domestic source of a high-quality, foundry-grade chromite. We selected Allen & Caron because of their experience and well-established reputation for helping companies develop and implement meaningful communications with investment community professionals and the business media. Allen & Caron will lead our efforts to communicate our progress effectively to all our constituencies, which will be key to increasing the trading and valuation.”

Allen & Caron Chairman and CEO Joe Allen said: “Industrial Minerals is building a world-class reputation for minerals extraction along with sensitivity for the environment. Their project in southern Oregon will be beneficial to the local economy, and provide a group of unique minerals that don’t require refining or chemical leaching in their processing and are important elements for a variety of industries. We look forward to working closely with Industrial Minerals and helping them communicate with an increasing audience of influential investors and the media.”


    Industrial Minerals Corporation
    Scott Mison
    Company Secretary

    Allen & Caron Inc
    Rudy Barrio (Investors)
    +1 212 691 8087

    Len Hall (Media)
    +1 949 474 4300

SOURCE Allen & Caron Inc

Source: newswire

comments powered by Disqus