NEW YORK, Aug. 16 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today listed the common stock of Idaho General Mines, Inc. under the trading symbol GMO. Idaho General Mines, Inc. is an advanced stage mineral exploration company which is currently engaged in engineering and permitting of its 100% controlled Mount Hope molybdenum project in Eureka County, Nevada. "We are pleased that Idaho General Mines has chosen to list on the American Stock Exchange," said John McGonegal, Senior Vice President of Amex's Equities Group. "The Amex is greatly expanding its presence in the mining industry, and we anticipate that Idaho General Mines will become one of the many companies that can benefit from the services we provide this important sector." Robert L. Russell, President and CEO of Idaho General Mines, stated, "We are very excited about our listing on the American Stock Exchange, which we believe will provide enhanced investment opportunities and liquidity for our individual and institutional investors and investment professionals. The listing is part of our long term strategy and plan to enhance shareholder value as we advance the development of our Mount Hope molybdenum project." Idaho General Mines Inc. has selected J. Streicher & Co. as its specialist. For further information on GMO and other Amex-listed companies, please visit http://www.amex.com/ . The American Stock Exchange(R) (Amex(R)) is the only primary exchange that offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 188 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. DATASOURCE: The American Stock Exchange CONTACT: Catherine Chantharaj of American Stock Exchange, +1-212-306-1689, Web site: http://www.amex.com/

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