Imperial Metals Corp. reports financial results for the three months ended March 31, 2023, 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 Company is the Canadian Dollar. QUARTER HIGHLIGHTS FINANCIAL Total revenue was $92.7 million [...]
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 marketplaces. Pursuant to the Bid, the Company may purchase up to 774,357 common shares, which represents 0.5% of the total 154,871,341 common shares of the Company issued and outstanding as of May 8, 2023 [...]
Imperial Metals Corp. reports quarterly copper and gold production from Mount Polley and Red Chris mines. Imperial's production was 10,155,001 pounds copper and 13,129 ounces gold, with 6,678,094 pounds copper and 9,980 ounces gold coming from Mount Polley and 3,476,907 pounds copper and 3,149 ounces gold from its 30% share of Red Chris mine production. Mount Polley metal production for the first quarter of 2023 was [...]
Imperial Metals Corp. reports financial results for its fiscal year ended December 31, 2022. Select Annual Financial Information Years Ended December 31 expressed in thousands, except share and per share amounts 2022 2021 2020 Operations: Total revenues $172,797 $133,591 $148,097 Net loss $ $ $ Net loss per share $ $ $ Diluted loss per share $ $ $ Adjusted net loss $ $ $ Adjusted net loss per share $ $ $ Adjusted EBITDA [...]
Imperial Metals Corp. announces significantly enhanced East Ridge Exploration Target at Red Chris, indicating the potential of additional block cave mining. Imperial holds a 30% interest in the Red Chris mine. The enhanced Exploration Target, as of March 6, 2023, has increased to between 400 million tonnes at 0.49% copper and 0.42 g/t gold and 500 million tonnes at 0.47% copper and 0.39 g/t gold. This represents a [...]
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 cash, with the first payment due September 1, 2023. The proceeds from the [...]
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 and gold production in 2022 was 67.6 million pounds copper and 63.7 [...]
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 $48,450,000 which have a maturity date of four years from the date of issuance [...]
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 4 year term ending December 16, 2026. The Company intends to issue [...]
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 Company is the Canadian Dollar. QUARTER HIGHLIGHTS FINANCIAL Total revenue [...]
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 lower recovery and lower throughput. Recovery is expected to improve in the [...]
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 Debentures is convertible into one common share of the Company. The Convertible [...]
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