December 22, 2011 – Reno, Nevada – Infrastructure Materials Corp. (“Infrastructure” or the “Corporation”) (TSXV – IFM; OTCBB – IFAM) is pleased to announce that it has completed the sale of 26 million shares of common stock (“Common Shares”) to the public at a price of Cdn $0.10 per share to raise gross proceeds of Cdn $2.6 million. The shares were sold pursuant to a long form prospectus filed in the provinces of Alberta, Saskatchewan, British Columbia and Ontario. PI Financial Corp. acted as lead agent and received a corporate finance fee, was reimbursed for its expenses, was paid cash commissions and received non-transferrable agent’s options to acquire up to 209,850 Common Shares at Cdn $0.10 per share exercisable for 24 months. Upon completion of the offering, Infrastructure has an aggregate of 98,935,486 Common Shares issued and outstanding.

The TSX Venture Exchange (the “Exchange”) has conditionally accepted the shares of Infrastructure for listing. It is accordingly anticipated that Infrastructure will be listed as a Tier 2 Issuer on the Exchange in due course. Such listing remains subject to the satisfaction of all Exchange requirements. The Corporation intends to grant incentive stock options to directors, officers, employees and consultants entitling such holders to acquire a total of 9,893,548 Common Shares at an exercise price of Cdn $0.10 per share in accordance with the Corporation's stock option plan and the policies of the Exchange. The stock options will be generally exercisable for up to 10 years and will vest over one year.

Infrastructure Materials Corp. is a Reno, Nevada based exploration stage mining company that is directing its efforts to the exploration and development, if warranted, of cement grade limestone deposits in strategic locations in the United States and Canada and precious metal properties located in Nevada.

For further information please see our public filings at www.sedar.com and http://www.sec.gov/edgar.shtml or contact:
Mason Douglas, President
Phone 866-448-1073
Fax 775-322-4458
Email: info@infrastructurematerialscorp.com
or visit our website at
www.cementforthefuture.com or
www.infrastructurematerialscorp.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CAUTION REGARDING FORWARD LOOKING STATEMENTS

Certain statements contained herein constitute forward-looking statements. Such forward-looking statements are subject to both known and unknown risks and uncertainties which may cause the actual results, performances or achievements of the Corporation to be materially different from any future results, performances or achievements expressed or implied by such forward-looking statements. The forward-looking statements included in this press release are made as of the date of this release and except as required by law, the Corporation does not undertake any obligation to publicly update or revise any forward looking statements, whether as a result of new information, future events or otherwise.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state in the United States in which such offer, solicitation or sale would be unlawful. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. This press release may contain statements within the meaning of safe harbour provisions as defined under United States Securities Laws and Regulations. The above statements are based on the current expectations and beliefs of the management of the Corporation and are subject to a number of risks and uncertainties that may cause the actual results to differ materially from those described above.