VANCOUVER, British Columbia, Jan. 11, 2018 -- Imperial Metals Corp. reports its 2017 metals production from all operations totaled 93.7 million pounds copper and 81,425 thousand ounces gold. Red Chris Mine In 2017, the Red Chris mill achieved 95% of design capacity averaging 28,433 tonnes per calendar day. Fourth quarter production totaled 23.23 [...]
VANCOUVER, British Columbia, Jan. 02, 2018 -- Imperial Metals Corp. is providing additional details of the rights offering completed on December 22, 2017. To the knowledge of the Company, no person became an insider as a result of the rights offering. Existing insiders acquired an aggregate of 8,340,752 shares pursuant to basic subscription [...]
VANCOUVER, British Columbia, Dec. 22, 2017 -- Imperial Metals Corp. is pleased to announce the successful completion of its rights offering, which expired at 2:00 p.m. today. The Company issued a total of 19,080,978 common shares in the rights offering for gross proceeds of approximately $42.9 million. The Company issued a total of 16,119,049 [...]
Imperial Metals Corp. announces that, further to its news releases dated October 27, 2017 and November 2, 2017 respectively, it will conduct a rights offering to raise net proceeds of up to approximately C$42.4 million, through the issuance of rights to subscribe for an aggregate of 19,080,978 common shares of the Company at a subscription price of [...]
VANCOUVER, British Columbia, Nov. 14, 2017 -- Imperial Metals Corp. reports comparative financial results for the three and nine months ended September 30, 2017 and 2016, as summarized in this release and discussed in detail in the Management’s Discussion & Analysis. The Company’s financial results are prepared in accordance with [...]
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Nov. 02, 2017 (GLOBE NEWSWIRE) -- Imperial Metals Corp. (the “Company”) (TSX:III) reports it has completed the debt portion of its Financing Plan. The elements of the Financing Plan are as follows (reference October 27 [...]
VANCOUVER, British Columbia, Oct. 27, 2017 (GLOBE NEWSWIRE) -- Imperial Metals Corp. (the “Company”) (TSX:III) reports that it has concluded its discussions with its Senior Credit Facility and Second Lien Credit Facility lenders and provides the following update on its Financing Plan which is subject to receipt of certain required [...]
VANCOUVER, British Columbia, Oct. 13, 2017 (GLOBE NEWSWIRE) -- Imperial Metals Corp. (the “Company”) (TSX:III) reports on production, Senior Credit Facility and Bridge Loan. Third Quarter Production Results The Company reports third quarter production results from the Red Chris mine of 19.65 million pounds copper and 8,426 ounces gold [...]
VANCOUVER, British Columbia, Sept. 28, 2017 (GLOBE NEWSWIRE) -- Imperial Metals Corp. (the “Company”) (TSX:III) reports that the waiver of noncompliance with respect to one of the financial covenants under the Senior Credit Facility has been extended from September 30, 2017 to October 13, 2017. The Senior Credit Facility Lenders have [...]
VANCOUVER, British Columbia, Aug. 14, 2017 (GLOBE NEWSWIRE) -- Imperial Metals Corp. (the “Company”) (TSX:III) reports comparative financial results for the three and six months ended June 30, 2017 and 2016, as summarized in this release and discussed in detail in the Management’s Discussion & Analysis. The Company’s [...]
VANCOUVER, British Columbia, July 31, 2017 (GLOBE NEWSWIRE) -- Imperial Metals Corp. (the “Company”) (TSX:III) reports that it has closed a $20 million bridge loan financing (“Bridge Loan”) with affiliates of its two major shareholders, Edco Capital Corporation, controlled by N. Murray Edwards and The Fairholme Partnership [...]
VANCOUVER, British Columbia, July 27, 2017 (GLOBE NEWSWIRE) -- Imperial Metals Corp. (the “Company”) (TSX:III) announces that Mount Polley mine operations are planned to resume following the downgrading of the Evacuation Orders for the City of Williams Lake and many surrounding areas to Evacuation Alerts. To allow time for employees who [...]