VANCOUVER, British Columbia, May 23, 2018 -- Imperial Metals Corp. reports that unionized employees at the Mount Polley Mine have gone on strike following a three hour lock out by the Company earlier today. The lock out was intended to overcome an impasse on renewal of the collective agreement which terminated on December 31, 2017. Unionized employees were invited to return to work after the lock out under the terms of a [...]
Imperial Metals Corp. reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the management proxy circular dated April 9, 2018 for the 2018 Annual Meeting of Shareholders were elected as directors of the Company. Results of the vote for the election of directors held at the Meeting on May 22, 2018 in Vancouver, British Columbia are: Nominee Votes in Favor % Votes Withheld [...]
VANCOUVER, British Columbia, May 10, 2018 -- Imperial Metals Corp. reports financial results for the three months ended March 31, 2018 and 2017, 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 International Financial Reporting Standards. The reporting currency of the Company is the Canadian Dollar [...]
VANCOUVER, British Columbia, April 25, 2018 -- Imperial Metals Corp. reports that metal production from the Red Chris and Mount Polley mines for the 2018 first quarter was 25.1 million pounds copper and 24,495 ounces gold. Red Chris first quarter metal production was 19.72 million pounds copper and 12,215 ounces gold, an increase of 21% and 110% respectively from the 16.33 million pounds copper and 5,811 ounces gold [...]
VANCOUVER, British Columbia, March 28, 2018 -- Imperial Metals Corp. reports financial results for its fiscal year ended December 31, 2017. Revenues increased to $453.1 million in 2017 compared to $428.2 million in 2016, an increase of $24.9 million or 5.8%. Revenue from the Red Chris mine in 2017 was $289.1 million compared to $295.3 million in 2016. Revenue from the Mount Polley mine in 2017 was $163.5 million compared [...]
VANCOUVER, British Columbia, March 22, 2018 -- 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 525,864 common shares, which represents 0.45% of the total 116,858,746 common shares of [...]
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 million pounds copper and 13,020 ounces gold, compared to 19.65 million [...]
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 privileges and 1,680,507 shares pursuant to additional subscription privileges [...]
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 common shares under basic subscription privileges in the rights offering and a [...]
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 C$2.25 per common share. The offering is being made to all existing [...]
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 International Financial Reporting Standards. The reporting currency of the [...]
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, 2017 news release for additional detail): The Company’s Senior [...]