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 NOVEMBER, 2007.
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: November 15, 2007 /s/ Joseph Grosso
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Joseph Grosso,
President & CEO
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 American Stock Exchange: IMR
Frankfurt & Berlin Exchanges: IMT (WKN 884971)
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NEWS RELEASE - NOVEMBER 15, 2007
IMA OUTLINES MERGER AND ACQUISITION OBJECTIVES
IMA EXPLORATION INC. ("IMA" or "the Company") (IMR-AMEX, IMR-TSX.V) is pleased
to give an update to its October 18, 2007 announcement regarding the ongoing
review of new mineral projects. To date the Company has been reviewing numerous
project submissions regarding property acquisitions and joint ventures. This
process has been undertaken under the direction of IMA's Management, including
Dr. Greg Myers, P.Geo, who has joined IMA specifically with the task of property
review and acquisitions.
The Company is reviewing opportunities with several other companies that have
projects that meet IMA's business criteria. These companies, in Management's
view, control very attractive gold and silver assets. IMA's objective is to
acquire 15 to 25 properties and build a Company that contains several million
ounces of gold or equivalent with substantial funds for continued exploration,
and maintain a share structure that can achieve a rapid growth in shareholder
value.
The process is focused on companies or projects with either a defined mineral
reserve, or an advanced stage exploration property. These projects must also
have the potential for significant expansion through continued exploration and
located in politically stable environments.
IMA's objective is to once again be regarded as an industry leader in the field
of mineral exploration and a premier investment choice. The Company is
undertaking this process in conjunction with its financial advisors (Canaccord
Adams) along with other technical and business professionals in an effort to
expedite the implementation of this business model.
ON BEHALF OF THE BOARD
/s/ Joseph Grosso
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Mr. Joseph Grosso, President & CEO
For further information please contact Joseph Grosso, President & CEO, or Sean
Hurd, Vice President, 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 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.
2007