8-K 1 idmi_8k-061808.txt FORM 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _______________ FORM 8-K _______________ CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 June 18, 2008 000-30651 ------------- --------- Date of Report Commission File Number (Date of earliest event reported) INDUSTRIAL MINERALS, INC ------------------------ (Exact name of registrant as specified in its charter) Delaware 11-3763974 -------- ---------- (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification Number) 2904 South Sheridan Way, Suite #100, Oakville, Ontario, Canada L6J 7L7 --------------------------------------------- (Address of Principal Executive Offices) (Zip Code) (905)-829-0220 -------------- (Registrant's telephone number, including area code) Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers. Resignation of David Wodar On June 18, 2008, Industrial Minerals, Inc. (the "Company") accepted the negotiated resignation of David Wodar as President and Chief Executive Officer and as a director of the Company's subsidiary. The resignation is to be effective as of the close of business on June 12, 2008. There were no material disagreements between Mr. Wodar and the Company as to its operations. Paul Cooper, the Company's Chief Operating Officer, will act as the senior officer of the Company until a president is appointed. 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 by the undersigned hereunto duly authorized. INDUSTRIAL MINERALS, INC. Date: June 23, 2008 By: /s/ Paul Cooper ------------------------------ Name: Paul Cooper Title: Chief Operating Officer