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Infrastructure Materials Corp.
Symbol:  IFAM


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Business Summary: Infrastructure Materials Corp. engages in the acquisition, exploration, and development of mineral resource properties in the United States. It seeks to explore and, if warranted, develop its limestone, precious and base metal mineral claims located in Nevada and Idaho.
 
Address
  1135 Terminal Way
  Suite 207B
  Reno , NV 89502
  Phone: 866-448-1073
  Fax: 866-786-6415
  Website: http://www.infrastructurematerialscorp.com
Auditor
  SCHWARTZ LEVITSKY FELDMAN, LLP
  Toronto
Transfer Agent
  Olde Monmouth Stock Transfer Co., Inc.
ShareHolders:  591
Founded:  1999
Domicile:  Delaware
 
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Infrastructure Materials Corp.
Symbol:  IFAM


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Infrastructure Materials Corp., in the exploration stage as of June 30, 2009, engages in the acquisition, exploration, and development of mineral resource properties in the United States. It seeks to explore and, if warranted, develop its limestone, precious and base metal mineral claims located in Clark County, Elko County, Esmeralda County, Humboldt County, Lincoln County, Mineral County, Nye County and Pershing County in Nevada, and Caribou County in Idaho. In addition to its mineral claims, the company owns a milling facility, buildings and related milling equipment located in Mina, Nevada. In November 2008, the company substantially changed its business focus to the exploration and, if warranted, development of cement grade limestone properties located in Nevada and Idaho. The company, formerly known as Silver Reserve Corp., was founded in 1999 and is headquartered in Reno, Nevada.
History:  INCORPORATED in Delaware June 3, 1999 as 54836 Corp. Name changed to Silver Reserve Corp. Apr. 11, 2006, and to Infrastructure Materials Corp. Dec. 1, 2008. August 31, 2006, issued 3,540,600 Common shares to Mojave Silver Company of Nevada, for the purchase of its 100% right, title and interest in certain mineral claims in Nevada State, for a total consideration of $885,150. Also on that date, the company issued 6,975,000 Common shares to International Energy Resources Inc. of Nevada for the purchase of its 100% right, title and interest in a mill facility and equipment for a total consideration of $1,743,750; issued 1,850,000 Common shares to Anglo Gold Mining Inc. for 100% right, title and interest in certain mineral claims in Nevada; and issued 88,500 Common shares to Nevada Refinery Inc. to purchase 100% of its right, title and interest in a refinery and equipment.
 
Subsidiaries:
Infrastructure Materials Corp. US
Silver Reserve Corp.
 
 
 
 
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Infrastructure Materials Corp.
Symbol:  IFAM


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Management
OfficersPosition
 Joseph  MontgomeryChairman
 Mason  DouglasPresident
 Todd  MontgomeryChief Executive Officer
 Rakesh  MalhotraChief Financial Officer
 Anne  MackoSecretary

Directors
 Mason  Douglas
 Randall  Ludwar
 Joseph  Montgomery
 Todd  Montgomery
 Brent  Walter
 
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Infrastructure Materials Corp.
Symbol:  IFAM


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Capitalization as of 06/30/2009:
 
 Authorized SharesOutstanding Shares
Class A Convertible Preferred $0.0001 par50,000,000None
Common $0.0001 par100,000,00060,198,500
 
LONG TERM DEBT: None.
 
Common $0.0001 par
 
COMMON SOLD PRIVATELY: During the quarter ended Sept. 30, 2006, the company issued through a private placement 3,395,739 Common shares at $0.25 per share, for a total cash consideration of $848,935, including a $300,000 stock subscription previously received. UNITS SOLD PRIVATELY: August 22, 2008, the company completed private placements of 7,040,000 Units at $0.50 per Unit. Each Unit consisted of one Common share and one-half a Common share purchase warrant. Each full warrant entitles the holder to purchase one Common share at $0.75 on or before Sept. 1, 2010. The private placement was conducted entirely outside the U.S. pursuant to an exemption from registration under the Securities Act of 1933, as amended, provided by Regulation S. The company paid a commission of $147,000 and issued 294,000 broker warrants to purchase Units at $0.50 per Unit in connection with the private placement.
 
Stockholders:  06/30/2009, 591.
PRINCIPAL STOCKHOLDERS: June 30, 2009, Pinetree Capital Ltd. owned or controlled 12.5% of the Common, NPT Fund 7.3%, Todd D. Montgomery 7.0% and Agosto Corp. Ltd. 5.2%.
 
Transfer Agent:  Olde Monmouth Stock Transfer Co., Inc.   Atlantic Highlands , NJ
 
OTC Bulletin Board( Primary): IFAM
 
ExchangeYearHighLow
OTC Bulletin Board20090.52000.1500
OTC Bulletin Board20080.75000.0600
OTC Bulletin Board20070.88000.0500
 
DIVIDENDS: Common $0.0001 par: None.
 
 
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Infrastructure Materials Corp.
Symbol:  IFAM


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Annual Report
 
Income Statement
  20092008
Expenses:
General and administrative3,125,3511,782,706
Project expenses 2,409,4681,836,077
Amortization214,204249,842
Total Expenses5,749,0233,868,625
Loss from Operations(5,749,023)(3,868,625)
Interest income50,21998,422
Interest expense--(20,839)
Net Loss(5,698,804)(3,791,042)
Loss per Weighted Average Number of Shares Outstanding- Basic and Fully Diluted(0.11)(0.09)
Weighted Average Shares 53,763,59540,987,468
 
Balance Sheet
  20092008
ASSETS
Current
Cash and cash equivalents420,2661,553,855
Short-term investments3,116,803--
Prepaid expenses205,482155,546
Total Current Assets3,742,5511,709,401
Plant and Equipment, net1,141,9201,340,836
Total Assets4,884,4713,050,237
LIABILITIES
Current
Accounts payable187,000157,516
Accrued liabilities 83,901192,886
Total Current Liabilities270,901350,402
Common stock, $0.0001 par value6,0204,379
Additional Paid-in Capital17,224,69910,738,801
Deficit Accumulated During the Exploration Stage(12,429,649)(6,730,845)
Other Stockholders' Equity(187,500)(1,312,500)
Total Liabilities and Stockholders' Equity4,884,4713,050,237
 
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Infrastructure Materials Corp.
Symbol:  IFAM


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Interim Report    07/01/2009  -  03/31/2010
 
Income Statement
  2010
Operating Expenses:
General and administrative1,127
Project expenses1,720
Amortization133
Loss from Operations(2,980)
Interest income28
Other income239
Net income(2,713)
Share earns. basic($0.04)
Share earns. diluted($0.04)
Avge. com. shs. (Thou.)60,389
 
Balance Sheet
  2010
Assets:
Cash & equiv.103
Short-term investments986
Prepaid expenses and other179
Tot. curr. assets1,268
Plant and Equipment, net 1,016
Mineral Property Interests514
Total assets2,798
Liabilities:
Accts. pay.164
Accrued liabilities81
Tot. curr. liabs.245
STOCKHOLDERS' EQUITY:
Com. stk. p.$0.00016
Paid-in cap.17,690
Retained earns.(15,143)
Total liabs.2,798
Common Shares (Thou.)61,220
 
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Infrastructure Materials Corp.
Symbol:  IFAM


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Pro Forma Report   
 
Data Not Available
 
 
 
 
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Infrastructure Materials Corp.
Symbol:  IFAM


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Quarterly Report Information   
 
Quarterly Revenue, US$
YearQuarterRevenue
  2009   1Nil
  2009   2Nil
  2009   3Nil
  2008   1Nil
  2008   2Nil
  2008   3Nil
  2008   4Nil
  2008   Full Year Nil
  2007   3Nil
  2007   Full Year Nil
  2006   Full Year Nil
 
 
Quarterly Net Income, US$
YearQuarterRevenue
  2010   1(1,270,000)
  2010   2(1,020,000)
  2010   3(420,000)
  2009   1(1,410,000)
  2009   2(1,720,000)
  2009   3(1,060,000)
  2009   4(1,520,000)
  2009   Full Year (5,700,000)
  2008   1(590,000)
  2008   2(960,000)
  2008   3(930,000)
  2008   4(1,320,000)
  2008   Full Year (3,790,000)
  2007   3(380,000)
  2007   Full Year (2,850,000)
  2006   Full Year (90,000)
 
 
Quarterly EPS, US$
YearQuarterRevenue
  2010   1(.02)
  2010   2(.02)
  2010   3(.01)
  2009   1(.03)
  2009   2(.03)
  2009   3(.02)
  2009   4(.02)
  2009   Full Year (.11)
  2008   1(.02)
  2008   2(.02)
  2008   3(.02)
  2008   4(.03)
  2008   Full Year (.09)
  2007   1(.07)
  2007   2(.01)
  2007   3(.01)
  2007   4(.01)
  2007   Full Year (.09)
  2006   3Nil
  2006   4Nil
  2006   Full Year (.05)
 
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