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Strategies & Market Trends : Ride the Tiger with CD

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From: Proud Deplorable11/26/2006 4:15:26 AM
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IMA Files Factum To Appeal Navidad Judgment

IMA Exploration Inc. (IMR : TSX.v, IMR : AMEX) is pleased to announce that it has filed its factum with the Court of Appeal of British Columbia. The factum outlines the grounds on which the Company is appealing the July 14,2006 Judgment of Madam Justice Koenigsberg on the ongoing Navidad property dispute (see news release dated July 16, 2006). The factum will be posted on the Company's web site (www.imaexploration.com) once it has been filed with SEDAR. It is expected that it will be available on the web site no later than Tuesday November 28th, 2006. Management strongly encourages shareholders and all interested parties to visit IMA's web site to view this document.

ON BEHALF OF THE BOARD

"Joseph Grosso"

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 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. 2006 Number
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