Imperial Metals would like to remind its shareholders of the upcoming deadlines and essential details of its previously announced rights offering made to the holders of common shares of the Company of record at the close of business on May 31, 2022. The rights will expire at 2:00 p.m. (Pacific Time) on June 24, 2022, after which time unexercised [...]
Imperial Metals reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the management information circular dated April 1, 2022 were elected as directors of the Company at the Annual General Meeting of Shareholders. Results of the vote for the election of directors held at the Meeting on May 25, 2022 in [...]
Imperial Metals announces that it will conduct a rights offering to raise gross proceeds of up to approximately C$53,730,456 through the issuance of rights to subscribe for an aggregate of 17,674,492 common shares of the Company at a subscription price of C$3.04 per Common Share. The Rights Offering is being made to all existing shareholders in [...]
Imperial Metals reports financial results for the three months ended March 31, 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. Total revenue was $33.1 million in the March 2022 [...]
Imperial Metals Corp. announces the Toronto Stock Exchange has accepted the Company's Notice of Intention to make a Normal Course Issuer Bid to be transacted through the facilities of the TSX or alternative Canadian market places. Pursuant to the Bid, the Company may purchase up to 706,980 common shares, which represents 0.5% of the total [...]
Imperial Metals Corp. reports Red Chris metal production for the first quarter of 2022 was 13.3 million pounds copper and 12,088 ounces gold, compared to 14.7 million pounds copper and 13,610 ounces gold produced during the fourth quarter of 2021. Imperial's 30% portion of the Red Chris first quarter production was 4 million pounds copper and 3,626 [...]
Imperial Metals Corp. is pleased to report that Mount Polley Mining Corporation and the Williams Lake First Nation have signed a Revised Participation Agreement, renewing the Participation Agreement which was initially signed in December 2011 and updated in 2016. Imperial looks forward to working together to enhance Mount Polley, the T'exelcemc and [...]
Imperial Metals Corp. reports that eight drill rigs are now operating at Red Chris with five focusing on East Ridge exploration and three gathering geotechnical information for infrastructure related to the development of a block cave. Hole RC750W was drilled in the East Ridge zone. The East Ridge zone is outside of the current Mineral Resource [...]
Imperial Metals Corp. reports financial results for its fiscal year ended December 31, 2021. Select Annual Financial Information Years Ended December 31 expressed in thousands, except share and per share amounts 2021 2020 2019 Operations: Total revenues $133,591 $148,097 $71,823 Net loss $ $ $ Net loss per share $ $ $ Diluted loss per share [...]
Imperial Metals Corp. reports that the total 2021 metals production for the Red Chris mine was 65.4 million pounds copper and 60.2 thousand ounces gold. Copper and gold production decreased 25.9% and 18.5% respectfully, compared to 88.3 million pounds copper and 73.8 thousand ounces gold produced in 2020. The decreased 2021 metal production was a [...]
Imperial Metals Corp. reports that an agreement has been reached with the Province of British Columbia for the surrender of Imperial's Giant Copper mineral claims located 37km east of Hope, BC, Canada. Imperial has held Giant Copper since April 1988. The claim area hosts two mineral deposits containing copper, silver and gold and a recently [...]
Imperial Metals Corp. reports further drilling results continue to expand the mineralization at the East Ridge zone at the Red Chris mine. Hole RC739 returned 390 metres at 0.48% copper and 0.63 g/t gold from 1,088 metres, including 44 metres at 1.3% copper and 2.0 g/t gold from 1,402 metres. This hole is located 100 metres east of RC727 . Hole [...]