Imperial Metals Corp. is pleased to announce that it is planning to issue unsecured non-convertible debentures , with an aggregate principal amount of up to $30,000,000 on a non-brokered private placement basis . The Debentures have a maturity date of March 1, 2024 and bear interest at a rate of 12.0% per annum, with interest paid semi-annually in [...]
Imperial Metals Corp. reports that 2022 metals production from all operations totalled 26.49 million pounds copper and 31,176 ounces gold, up from the 19.63 million pounds copper, 18,048 ounces gold produced in 2021. Production in 2022 includes production at Mount Polley and Imperial's 30% allocation from Red Chris operations. Red Chris Mine Copper [...]
Imperial Metals Corp. is pleased to announce that, further to its news release dated December 9, 2022, the Company has closed its non-brokered private placement of unsecured non-convertible debentures with an aggregate principal amount of $53 million. The Company issued unsecured non-convertible debentures of an aggregate principal amount of [...]
Imperial Metals Corp. announces its intention to secure additional financing for ongoing operations at the Mount Polley mine and continued exploration and feasibility study work at the Red Chris mine by way of a non-brokered private placement of up to $53 million aggregate principal amount of non-convertible Debentures . The Debentures will have a [...]
Imperial Metals Corp. reports financial results for the three and nine months ended September 30, 2022, as summarized in this news release and discussed in detail in the Management's Discussion & Analysis. The Company's financial results are prepared in accordance with International Financial Reporting Standards . The reporting currency of the [...]
Imperial Metals Corp. reports Red Chris metal production for the third quarter of 2022 was 19.2 million pounds copper and 17,513 ounces gold, down 13% and 10% respectively from the 22.0 million pounds copper and 19,540 ounces gold produced during the second quarter of 2022. Gold production of 17,513 ounces was lower than the prior period due to [...]
Imperial Metals Corp. is pleased to announce that further to its news release dated August 5, 2022, the Company has closed its non-brokered private placement of unsecured convertible debentures with an aggregate principal amount of $47 million, up from the $45 million previously announced. Each $3.20 of the principal amount of the Convertible [...]
Imperial Metals reports financial results for the three and six months ended June 30, 2022, as summarized in this news release and discussed in detail in the Management’s Discussion & Analysis. The Company’s financial results are prepared in accordance with IFRS. Total revenue increased to $36.4 million in the June 2022 quarter compared to $34.2 [...]
Imperial Metals announces its intention to secure additional financing for the restart of the Mount Polley Mine by way of a non-brokered private placement of $45 million aggregate principal amount of convertible debentures. The Mount Polley mine is currently operating at targeted production rates. However, the restart took longer than planned due [...]
Imperial Metals reports Red Chris metal production (100%) for the second quarter of 2022 was 22.0 million pounds copper and 19,540 ounces gold, up 65% and 62% respectively from the 13.3 million pounds copper and 12,088 oz gold produced during the first quarter of 2022. The improved production was a result of higher throughput, higher head grades [...]
Imperial Metals is providing additional details of the Rights Offering, which expired at 2:00 p.m. Friday, June 24, 2022. To the knowledge of the Company, no person became an insider as a result of the Rights Offering. Existing insiders acquired an aggregate of 8,066,157 shares pursuant to the Basic Subscription Privilege and 2,451,001 shares [...]
Imperial Metals is pleased to announce the completion of its previously announced rights offering, which expired at 2:00 p.m. Friday, June 24, 2022. The Company will issue a total of 13,475,400 common shares in the Rights Offering for gross proceeds of approximately $41.0 million. The Company will issue a total of 9,948,611 common shares under [...]
