UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of DECEMBER, 2008.
Commission File Number: 001-32558
IMA EXPLORATION INC.
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(Translation of registrant's name into English)
#709 - 837 West Hastings Street, Vancouver, British Columbia, V6C 3N6, Canada
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(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: FORM 20-F [X] FORM 40-F [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): _______
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): _______
Indicate by check mark whether the registrant by furnishing the information contained in this Form, is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
YES [ ] NO [X]
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3- 2(b): 82-_____________
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf of the undersigned, thereunto duly authorized.
IMA EXPLORATION INC.
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Date: December 15, 2008 /s/ Joseph Grosso
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Joseph Grosso,
President & CEO
Suite 709 - 837 West Hastings Street
Terminal City Club Tower, Vancouver, B.C. V6C 3N6
American Stock Exchange: IMR
Tel: 604-687-1828 fax: 604-687-1858 toll free: 800-901-0058
TSX Venture Exchange: IMR
www.imaexploration.com e-mail: info@imaexploration.com
Frankfurt Stock Exchange: IMT (WKN 884971)
NEWS RELEASE December 15, 2008
Results of the Annual General Meeting of Shareholders
IMA Exploration Inc. (IMA) is pleased to announce the results of the Annual General Meeting of shareholders held in Vancouver, British Columbia on December 9, 2008. The shareholders approved all motions put forth at the meeting including the ratification of IMAs Stock Option Plan.
The incumbent directors re-elected for the coming year are:
Joseph Grosso
David Horton
Stuart Tookie Angus
Jerry Minni
Leonard Harris
David Terry
IMA also elected a new director; Michael Atkinson, who brings more than 15 years of experience in the investment industry to the Board. Most recently, he was the Vice President of Quest Capital Corp. Mr. Atkinson will be an asset to the team related to IMAs project and investment acquisition needs.
The directors held a meeting immediately following the Annual General Meeting and appointed the following officers for IMA:
Joseph Grosso
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President and CEO
David Terry
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Vice President, Exploration
Linda McClusky
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Secretary
Michael Clark
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Acting CFO
The Board of Directors would like to thank the shareholders for their continued support.
Mr. Atkinson is a welcome addition to the already experienced Board stated Joseph Grosso, president and chief executive officer of IMA. He will be able to use his experience and knowledge in the active pursuit of undervalued opportunities. With the difficulty in the credit markets and the overall economy, IMA is now seeing amazing opportunities and its because our cash is uninhibited.
IMA is a Vancouver based exploration company with over $22M in its treasury as well as a growing basket of investments. The acquisition of the Island Copper Project is Phase I of IMA's business strategy and aligns with the Company's objective to acquire projects that contain established resources, near-term cash flow and offer significant opportunities for expansion through continued exploration. A PowerPoint presentation on the project is available on the Company's web site (www.imaexploration.com).
All prospective and current shareholders of IMA Exploration are invited to join the companys official investment forum exclusively at PinnacleDigest.com: http://www.pinnacledigest.com/company/imr:ca. The forum allows for investor controlled discussion with progressive feedback from other shareholders and investors. Third party reports on the company are also available at www.PinnacleDigest.com.
ON BEHALF OF THE BOARD
Joseph Grosso
Mr. Joseph Grosso, President & CEO
For further information please contact Joseph Grosso, President & CEO, or Keir Reynolds, Manager, Corporate Communications, at 1-800-901-0058 or 604-687-1828, or fax 604-687-1858, or by email info@imaexploration.com, or visit the Companys web site at http://www.imaexploration.com.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.
Cautionary Note to US Investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
2008 Number 12