Imperial Metals Corp.

Imperial reports it intends to offer US$325 million of senior unsecured notes maturing in 2019. The interest rate and other terms of the Notes will be determined based on prevailing market conditions. The Company intends to use the net proceeds of the Notes to repay existing indebtedness, to fund capital expenditures related to the Red Chris project, and for general corporate purposes.

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 21, 2014) - Imperial Metals Corporation (TSX:III) reports the unsecured line of credit facility ("LOC") with Edco Capital Corporation, a company controlled by Mr. Edwards, a significant shareholder of the Company, has been increased from a maximum of $225 million to $250 million. A commitment fee of $125,000 is payable in respect of the increase in the LOC. All others terms [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 24, 2014) - Imperial Metals Corp. (TSX:III) reports its annual base and precious metals production(1) from Mount Polley, Huckleberry and Sterling mines was 59.1 million pounds copper, 54,456 ounces gold and 243,013 ounces silver. Copper and gold production were within 1% of planned, and silver production was 24% above the forecast. Forecast production(1)(2) for 2014 from [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 27, 2013) - Imperial Metals Corp. (TSX:III) reports that it has amended certain terms of the Company's credit facilities to provide additional time for arranging the senior financing for the Red Chris project. The Company has agreed with its banker to remove the maturity date on its $150 million demand loan facility. Previously the maturity date on the $150 million credit [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 13, 2013) - Imperial Metals Corp. (TSX:III) - reports comparative financial results for the three and nine months ended September 30, 2013 and 2012 are summarized below and discussed in detail in the Management's Discussion and Analysis. The Company's financial results are prepared in accordance with International Financial Reporting Standards ("IFRS"). In thousands of [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 7, 2013) - Imperial Metals Corp. (TSX:III) reports the unsecured line of credit facility ("LOC") with Edco Capital Corporation, a company controlled by Mr. Edwards, a significant shareholder of the Company, has been increased from a maximum of $130 million to $200 million. A commitment fee of $350,000 is payable in respect of the increase in the LOC. All others terms and [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 10, 2013) - 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 and other Canadian market places. Pursuant to the Bid, the Company may purchase up to 2,012,378 common shares, which [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 11, 2013) - Imperial Metals Corp. (TSX:III) confirms its lenders have extended the maturity date of the Company's credit facilities to provide additional time for arranging the senior financing for the Red Chris project. The maturity date on the $150 million credit facility from the Company's bankers has been extended from September 30, 2013 to December 31, 2013. The [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 14, 2013) - Imperial Metals Corp. (TSX:III) reports comparative financial results for the three and six months ended June 30, 2013 and June 30, 2012, summarized in the table below, and discussed in detail in the Management's Discussion and Analysis. The Company's financial results are prepared in accordance with International Financial Reporting Standards ("IFRS"). In [...]

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/06/13 -- Imperial Metals Corporation (TSX: III) - provides a financing update for the Red Chris copper/gold development project in northwest British Columbia.

To date, construction at Red Chris has been financed through cash flow from operations and an existing $150 million credit facility from the Company's bankers, which has a maturity date of September 30, 2013. Mr [...]