Imperial Mining Group Ltd. is pleased to announce that it has executed a Letter of Intent with SOQUEM Inc., a Quebec Crown Corporation , to vend its 100% interest in the Carheil-Brouillan copper-zinc-silver property. In exchange, Imperial will reacquire the remaining interest it does not currently possess in the La Ronci?re gold property. A formal property agreement for this arrangement is anticipated to be executed on or [...]
Imperial Mining Group Ltd. today announced that it has qualified to trade on the OTCQB? Venture Market, operated by OTC Markets Group Inc. Imperial Mining Group begins trading today on OTCQB under the symbol "IMPNF". U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com. "On behalf of everyone at OTC Markets Group, we're delighted to approve and welcome [...]
Imperial Mining Group Ltd. announces the results of its 2021 Annual and Special Meeting of Shareholders held in Toronto, Ontario on March 3, 2021 . At the Meeting, all five director nominees listed in the Company's information circular, dated February 1, 2021, were elected as directors of the Company. Director Numbers of Votes Cast Percentage of Votes Cast Peter J. Cashin For: Against/Withheld: 41,271,351 609,030 98.55 [...]
Imperial Mining Group Ltd. is pleased to announce 2021 work program plans for advancing its 100% owned Crater Lake Scandium-Rare Earth Project in northeastern Quebec. Work activities will include definition diamond drilling on the TG Zone deposit area, completion of the metallurgical process flowsheet for known mineralization, delivery of a 43-101 compliant Resource Estimate and completion of a 43-101 Preliminary Economic [...]
Imperial Mining Group Ltd. announces that it has granted an aggregate of 4,700,000 incentive stock options to certain directors, officers and consultants of the Corporation in accordance with the Corporation's stock option plan. The options are exercisable at a price of $0.225 per share for periods between two and five years from the date of grant in accordance with their respective vesting provisions. The options are [...]
Imperial Mining Group Ltd. is pleased to announce that it has closed a non-brokered private placement of 3,333,333 units at a price of $0.15 per Unit. Each Unit is comprised of one common share and half of a Share purchase warrant, with each warrant entitling the holder to acquire one additional Share of the Corporation at a price of $0.25 over a period of 24 months from the closing date. The Corporation was able to raise [...]
Imperial Mining Group Ltd. is pleased to announce that it closed a non-brokered private placement today of 19,623,672 shares on a “flow-though” basis at a price of $0.11 per share and 5,262,500 units at a price of $0.08 per Unit. Each Unit is comprised of one common share and half of a Share purchase warrant, with each warrant entitling the holder to acquire one additional Share of the Corporation at a price of $0.12 over [...]
Imperial Mining Group Ltd. announces that it has updated its stock option plan from a fix stock options plan under which 3,366,985 common shares were reserved for issuance of as much options to a 10 % rolling stock options plan. This modification follows the approval of the Imperial’s shareholders at their annual and special meeting held on March 11, 2020 and is subject to the final approval by the TSX Venture Exchange [...]
Imperial Mining Group Ltd. is pleased to announce that significant scandium (Sc) and rare earth (REE) assays have been received from its surface exploration and diamond drilling summer program completed at the Crater Lake Scandium project, northeastern Quebec. The work confirmed the important economic potential of the previously defined TG Zone and has identified two, new high-potential Scandium-rare earth targets at STG.
Peter Cashin, President & CEO, Imperial Mining Group Ltd. , shares his company's story in an interview with TMX Group. The C-Suite at The Open video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange and TSX Venture Exchange. Videos provide insight into how company executives think in the current business environment. To see the latest C-Suite at The Open videos visit [...]
Imperial Mining Group Ltd. is pleased to announce that field crews conducting mapping and sampling have recently discovered several new areas of scandium mineralization on the 100% owned Crater Lake project. These new showings lie within the same 14-km arcuate magnetic trend hosting the three previously defined mineralized zones on the property. Assay results are expected in September. Presently, drill crews are [...]
Imperial Mining Group Ltd. is pleased to announce that it has engaged MPlan-Dorfner ANZAPLAN to carry out the Phase III metallurgical work program on the Crater Lake Project scandium mineralization. This program will focus on the development of an efficient hydrometallurgical process to recover a high-purity scandium oxide product from the scandium-rich mineral concentrates. “Given the positive results from the Phase II [...]