Oct 7 (Reuters) - International Millennium Mining Corp IMI.V :
* International Millennium Mining Corp announces private placement and shares for debt transaction
* Company will issue up to 24 million units at $0.05 per unit
* Company will use proceeds of private placement for exploration work on its nevada nivloc silver and gold property
* Private placement of up to CAD$ 1.2 million Source text for Eikon: ID:nCCN380Qlp Further company coverage: IMI (LON:IMI).V