Imperial Metals Corp.

VANCOUVER, British Columbia, March 31, 2017 (GLOBE NEWSWIRE) -- Imperial Metals Corp. (the “Company”) (TSX:III) reports financial results for its fiscal year ended December 31, 2016. Revenues increased to $428.2 million in 2016 compared to $128.7 million in 2015, an increase of $299.5 million or 232.7%. Revenue from the Red Chris mine in 2016 was $295.3 million compared to $100.6 million in 2015. This increase [...]

VANCOUVER, BC--(Marketwired - February 28, 2017) - Imperial Metals Corp. (the "Company") (TSX: III) reports on the results from the first nine holes from an underground drilling program completed at the Martel and Green zones located beneath the Wight pit, approximately 400 metres east of the recently developed and mined Boundary zone. Martel zone highlights include 110.0 metres grading 1.27% copper and 0.24 g/t gold in [...]

VANCOUVER, BC--(Marketwired - February 15, 2017) - Imperial Metals Corp. (the "Company") (TSX: III) reports that Sterling Gold Mining Corporation ("SGMC"), a wholly-owned subsidiary, has entered into a Letter of Intent ("LOI") with Northern Empire Resources Corp. ("NM") to sell its interest in the Sterling gold mine property located in Nevada, United States. The purchase price for the assets includes US$10 million cash [...]

VANCOUVER, BC--(Marketwired - February 10, 2017) - Imperial Metals Corp. (the "Company") (TSX: III) reports that it has amended certain financial covenants under the senior secured revolving credit facility for the March 31, June 30, and September 30, 2017 reporting periods. The financial covenants for these periods have been revised as follows: A minimum EBITDA test to replace the fixed charge coverage ratio An increase [...]

VANCOUVER, BC--(Marketwired - January 17, 2017) - Imperial Metals Corp. (the "Company") (TSX: III) reports its 2016 base and precious metals production from all operations totaled 119.17 million pounds copper, 94.93 thousand ounces gold and 330.96 thousand ounces silver, up from the 88.13 million pounds copper, 44.71 thousand ounces gold and 224.53 thousand ounces silver produced in 2015. Production in 2016 includes the [...]

VANCOUVER, BC --(Marketwired - December 30, 2016) - Imperial Metals Corp. (TSX: III) (the "Company") -- Imperial announces that it has closed the previously announced private placement of common shares of the Company (the "Financing"). Due to strong demand, the Company increased the Financing from $55 million to $65 million. The Company has issued 11,818,182 common shares at a price of $5.50 per share for gross proceeds [...]

Imperial announces that it intends to issue, on a private placement basis, up to 10 million common shares at a price of $5.50 per share. Significant shareholders of the Company and a director of the Company have indicated that they intend to subscribe for a minimum of $42 million of the Financing (7,636,363 shares). The Company may accept subscriptions for up to another $13 million of the Financing (2,363,637 shares) on [...]

VANCOUVER, BC--(Marketwired - November 14, 2016) - Imperial Metals Corp. (the "Company") (TSX: III) reports comparative financial results for the three and nine months ended September 30, 2016 and 2015 as summarized in this release and discussed in detail in the Management's Discussion & Analysis ("MD&A"). The Company's financial results are prepared in accordance with International Financial Reporting Standards ("IFRS [...]

VANCOUVER, BC--(Marketwired - October 31, 2016) - Imperial Metals Corp. (TSX: III) -- Imperial announces that the Toronto Stock Exchange (the "TSX") has accepted the Company's Notice of Intention to make a Normal Course Issuer Bid (the "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 163,537 common shares, which represents [...]

VANCOUVER, BC--(Marketwired - October 12, 2016) - Imperial Metals Corp. (the "Company") (TSX: III) reports that in the third quarter of 2016, the Red Chris mine produced 18.71 million pounds copper and 9,655 ounces gold. These quantities are lower than those achieved in the second quarter of 2016, as lower grade Main zone ores provided a higher proportion of the feed in the third quarter. The mill achieved an average [...]