IDM Mining Closes Equity Financing to Fund Exploration at the Red Mountain Gold Project, B.C.

IDM Mining Closes Equity Financing to Fund Exploration at the Red Mountain Gold 
Project, B.C. 
FOR: IDM Mining Ltd. 
JUNE 13, 2014 
IDM Mining Closes Equity Financing to Fund Exploration at the Red Mountain Gold
Project, B.C. 
VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 13, 2014) -  
IDM Mining Ltd. (formerly Revolution Resources Corp.) (TSX:IDM)
("IDM" or the "Company") is pleased to announce that it has
closed its previously announced brokered private placement financing for gross
proceeds of $2,776,140. The financing consisted of 2,098,000 flow-through units
(each a "Flow-Through Unit") issued at a price of $0.31 per
Flow-Through Unit, as well as 8,857,334 common units (each a "Common
Unit", and together with the Flow-Through Units, the "Units")
issued at a price of $0.24 per Common Unit. Each Unit will consist of one
common share and one-half of one common share purchase warrant (each whole
warrant, a "Warrant"), with each Warrant exercisable for a period of
15 months at an exercise price of $0.36 per share.  
Concurrently, the Company has also closed a non-brokered financing through the
issuance of 240,645 Flow-Through Units and 1,859,174 Common Units for
additional gross proceeds of $520,801. 
In the event that the Company's common shares trade at a closing price
greater than $0.55 per share for a period of 20 consecutive trading days at any
time following the date that is four months after the date hereof, the Company
may accelerate the expiry date of the Warrants by giving notice via press
release to the holders thereof. In such case, the Warrants will expire on the
30th day after the date on which notice is given by the Company. 
Net proceeds of the financing will be used to fund the initial $1 million cash
payment to Seabridge Gold Inc. ("Seabridge") in connection with the
recently announced option agreement to acquire a 100% interest in the
high-grade Red Mountain Gold Project near Stewart, B.C. ("Red
Mountain"), exploration and development activities at Red Mountain, and
for working capital purposes. The Company also issued 5,268,000 common shares
to Seabridge pursuant to the terms of the Red Mountain option agreement. 
IDM will begin mobilizing exploration crews to Red Mountain shortly. The
Company is targeting surface drilling on multiple prospects, as well as
underground delineation drilling at the AV and JW zones. Environmental baseline
work is ongoing, as well as community and First Nation consultation.  
Haywood Securities Inc. acted as agent in connection with the brokered portion
of the financing. 
The Company also issued 250,000 common shares in settlement of outstanding
debts in the amount of $60,000 owing to an arm's length party. 
About IDM Mining Ltd.  
IDM Mining Ltd. is mineral exploration company (TSX:IDM) based in Vancouver,
BC, Canada. The Company's current exploration and development activities
are focused on precious metals in North America. Further information can be
found on the Company's website at 
of IDM Mining Ltd. 
Robert McLeod, President, CEO and Director 
This press release does not constitute an offer to sell or the solicitation of
an offer to buy nor shall there be sale of the securities in any jurisdiction
in which such offer, solicitation or sale would be unlawful, including in the
United States. The securities have not been and will not be registered under
the United States Securities Act of 1933, as amended (the "1933 Act")
or any applicable securities laws of any state of the United States and may not
be offered or sold in the United States, or to, or for the account or benefit
of a U.S. person (as defined in Regulation S under the 1933 Act) unless
registered or pursuant to an available exemption from such registration
The technical information in this document has been reviewed and approved by
Robert McLeod, P.Geo, the President and CEO and a Director of the Company and a
Qualified Person as defined by National Instrument 43-101. 
Forward-Looking Statements: Some statements in this news release contain
forward-looking information or forward-looking statements for the purposes of
applicable securities laws. These statements include, among others, statements
with respect to proposed exploration and development activities and their
timing. These statements address future events and conditions and, as such,
involve known and unknown risks, uncertainties and other factors, which may
cause the actual results, performance or achievements to be materially
different from any future results, performance or achievements expressed or
implied by the statements. Such factors include, among others, the timing and
success of future exploration and development activities, exploration and
development risks, financing requirements, title matters, third party consents,
operating hazards, metal prices, political and economic factors, competitive
factors and general economic conditions. In making the forward-looking
statements, the Company has applied several material assumptions including, but
not limited to, the assumptions that: the proposed exploration and development
will proceed as planned; market fundamentals will result in sustained metals
and minerals prices and any additional financing needed will be available on
reasonable terms. The Company expressly disclaims any intention or obligation
to update or revise any forward-looking statements whether as a result of new
information, future events or otherwise except as otherwise required by
applicable securities legislation. 
Pursuant to Multilateral Instrument 61-101 Protection of Minority Security
Holders in Special Transactions, the Company did not file a material change
report more than 21 days before the expected closing of the brokered private
placement as the details of the participation therein by related parties of the
Company were not settled until shortly prior to closing and the Company wished
to close on an expedited basis for sound business reasons. 
IDM Mining Ltd.
Robert McLeod
President, CEO and Director
604-681-5672 direct or 604-617-0616 cell 
INDUSTRY:  Manufacturing and Production - Mining and Metals 
-0- Jun/13/2014 13:51 GMT
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