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 JULY, 2005.
Commission File Number: 0-30464
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: JULY 5, 2005 /s/ Joseph Grosso
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Joseph Grosso,
President & CEO
BC FORM 51-102F3
MATERIAL CHANGE REPORT
1. NAME AND ADDRESS OF COMPANY
IMA Exploration Inc. (the "Issuer")
#709 - 837 West Hastings Street
Vancouver, BC
V6C 3N6
Phone: (604) 687-1828
2. DATE OF MATERIAL CHANGE
July 5, 2005
3. PRESS RELEASE
The press release was released on July 5, 2005 through various approved
public media and filed with the TSX Venture Exchange and the British
Columbia, Ontario, Alberta and Quebec Securities Commissions.
4. SUMMARY OF MATERIAL CHANGE(S)
See attached press release for details.
5. FULL DESCRIPTION OF MATERIAL CHANGE
See attached press release for details.
6. RELIANCE ON SUBSECTION 7.1(2) OR (3) OF NATIONAL INSTRUMENT 51-102
Not Applicable
7. OMITTED INFORMATION
Not Applicable
8. EXECUTIVE OFFICER
Joseph Grosso
Phone: (604) 687-1828
9. DATE OF REPORT
July 5, 2005.
IMA EXPLORATION INC.
(A Grosso Group Company)
Suite 709 - 837 West Hastings Street,
Terminal City Club Tower,
Vancouver, B.C. V6C 3N6
Tel: 604-687-1828 Fax: 604-687-1858 Toll Free: 800-901-0058
Internet: www.imaexploration.com E-mail: info@imaexploration.com
TSX Venture Exchange: IMR OTC Bulletin Board: IMXPF
Frankfurt & Berlin Exchanges: IMT (WKN 884971)
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NEWS RELEASE - JULY 5, 2005
IMA TO BEGIN TRADING ON THE AMERICAN STOCK EXCHANGE WITH THE SYMBOL "IMR"
IMA EXPLORATION INC. (IMR - AMEX & TSX.V) is pleased to announce that the common
shares of the Company have been listed on the American Stock Exchange under the
symbol "IMR" and will begin trading on Wednesday July 6th, 2005. "We are very
honored to be listed on the American Stock Exchange. IMA's association with AMEX
and the proud tradition they represent is a great step forward for all of our
shareholders", said Joseph Grosso, President & C.E.O.
IMA Exploration is a publicly traded company that is focused on the exploration
and development of the Navidad Silver-Lead Project in northern Patagonia,
Argentina. In 2003 the Company announced the discovery of its 100% owned Navidad
project in Patagonia, Argentina, and to date has outlined an INDICATED RESOURCE
OF 300.7 MILLION OUNCES OF SILVER AND 1.2 MILLION TONNES OF LEAD (92.8 million
tonnes at 101 g/t silver and 1.36 % lead using a 50 g/t silver equivalent
cut-off, see news release dated June 16, 2005), making it one of the world's
largest silver deposits.
The Company is currently completing a Phase III drill program on the project to
expand the size of the silver-lead resource, and a Phase IV drill program is
planned for the fall of this year. In addition to the exploration drilling, IMA
is currently working towards the development of the project headed by Mr.
Augusto Baertl, President & C.E.O. of IMA Latin America. Mr. Baertl was the
former President of Compania Minera Antamina, where he directed the exploration,
development, construction and start up of the world class Antamina deposit,
requiring a capital expenditure of US $2.2 Billion.
IMA has been actively exploring in Argentina for over a decade and has
internationally recognized Management and Exploration Teams with outstanding
track records and a large and diverse network of contacts that management
believes can quickly identify new opportunities for socially and environmentally
responsible exploration and development.
The specialist in IMA Exploration Inc. for the AMEX listing will be J. Streicher
& Co. For more information on IMA visit http://www.imaexploration.com or call
the Company directly at 1-800-901-0058 or 604-687-1828.
This approval is contingent upon the Company being in compliance with all
applicable listing standards on the date IMA begins trading on the Exchange, and
may be rescinded if the Company is not in compliance with such standards.
ON BEHALF OF THE BOARD
/s/ Joseph Grosso
__________________________________
Mr. Joseph Grosso, President & CEO
For further information please contact Joseph Grosso, President & CEO, or Sean
Hurd, VP Investor Relations, at 1-800-901-0058 or 604-687-1828, or fax
604-687-1858, or by email info@imaexploration.com, or visit the Company's 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 NOTES 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. This news
release uses the term "indicated resources". We advise U.S. investors that
although the term "indicated resources" is recognized and required by Canadian
regulations (under National Instrument 43-101 Standards of Disclosure for
Mineral Projects), the U.S. Securities and Exchange Commission does not
recognize the term "indicated resources". U.S. investors are cautioned not to
assume that any part or all of the mineral deposits classified as "indicated
resources" will ever be converted into "reserves" within the definition of that
term in SEC Industry Guide 7. U.S. investors are cautioned not to assume that
part or all of an indicated resource exists, or is economically or legally
mineable.
2005 NUMBER 14