Vancouver, British Columbia--(Newsfile Corp. - October 26, 2023) - iMining Technologies Inc. (TSXV: IMIN) (the "Company" or "iMining"), a leading pioneer in ground-breaking technologies, continues to work towards the completion of its annual audit process. The delay in finalizing the Company's financials is due to their involvement in innovative sectors that lack established audit protocols. To address these challenges, the Company has engaged the services of SRCO Professional Corporation, Chartered Professional Accountants ("SRCO"), a Canadian public accounting and advisory firm.

"In an era of rapid technological advancements, we find ourselves at the forefront of innovation, and this has posed a unique set of challenges when it comes to auditing," said Khurram Shroff, Chairman and CEO of iMining. "The technological sector we operate in are often pushing the boundaries of what is conventionally audited, making it essential to engage consultants who understand the complexities of these pioneering fields."

Saleem Moosa, CFO of iMining, stated, "Despite the unavoidable delays, iMining continues to work with its auditors and SRCO, with a goal to complete the audit in the coming months. The Company remains confident in its ability to comply with financial reporting responsibilities to ensure that our financial statements accurately reflect the state of our operations, including our technologies."

About iMining Technologies Inc.

iMining Technologies Inc. is a publicly listed technology company which together with its subsidiaries acquires, builds, and manages future technology companies in Canada. The Company's industry specific technology businesses provide specialized and innovative solutions in future technologies and serves private sector markets. iMining Technologies Inc. is headquartered in Vancouver, Canada.

ON BEHALF OF THE BOARD

Signed "Khurram Shroff"
Khurram Shroff, President & CEO

FOR FURTHER INFORMATION, please contact:
iMining Corporate Offices:
Saleem Moosa, CFO and Director
Email: investor@imining.com
Telephone: 1-604-602-4935
Toll Free: 1-866-602-4935

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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