Imperial Mining Group announces that it has granted an aggregate of 2,200,000 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 $0.12 per share for a period of five years from the date of grant without vesting period. Of the aggregate options granted by the Corporation today, directors [...]
Imperial Mining Group is pleased to announce that, further to its news release dated June, 13, 2022, the Company has filed a technical report detailing the Preliminary Economic Assessment of the Crater Lake Scandium-Rare Earth Project east of Schefferville. The technical report was independently prepared for Imperial Mining Group by WSP Canada. The report, titled "CRATER LAKE SCANDIUM PROJECT, PRELIMINARY ECONOMIC [...]
Imperial Mining Group is pleased to announce that early results from the previously-announce process flowsheet optimization work show significantly improved scandium and rare earth recoveries relative to previous reported results. In addition, exploration crews have now mobilized to the Crater Lake property to commence planned summer work. Imperial is currently undertaking a hydrometallurgical flowsheet optimization [...]
Imperial Mining Group is pleased to announce that Ms. Brooke DeLong has been appointed to Imperial’s Board of Directors. “We are delighted that Brooke DeLong has agreed to join our Board of Directors,” said Peter Cashin, Imperial’s President & Chief Executive Officer. “Brooke’s extensive background in strategic communications, change management and global governance matters with some of the mining industry’s largest [...]
Imperial Mining Group is pleased to announce that it has received results of a positive PEA for the Crater Lake TG Zone Scandium-Rare Earth Element (Sc-REE) deposit from Imperial’s independent consultants, WSP Canada. The results show positive cash-flow, strong Internal Rate of Return and Net. NPV metrics at discount rates of up to 15% for a potential mining operation at the Crater Lake, Quebec (Table 1). The Crater Lake [...]
Imperial Mining Group Ltd. is pleased to announce that it has nominated Mr. Alain Bureau, P.Eng., to the Board of Directors. Alain Bureau, P.Eng., Director We are pleased to announce that Alain Bureau has accepted to join Imperial Mining Group's Board of Directors. Mr. Alain Bureau is a Canadian professional engineer with over 20 years of experience in the mining and construction sector, having worked in 11 countries [...]
Imperial Mining Group Ltd. is pleased to announce that, subject to regulatory approval, it has engaged the services of Independent Trading Group to provide market-making services in accordance with TSX Venture Exchange TSXV, CSE, NEO policies. ITG will trade shares of the Company on the CSE/ NEO/ TSXV and all other trading venues with the objective of maintaining a reasonable market and improving the liquidity of the [...]
Company Executives share vision and answer questions live at VirtualInvestorConferences.com NEW YORK, March 23, 2022 /CNW/ - Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming Quebec Virtual Investor Conference on March 30th and 31st. This virtual event will showcase live company presentations and interactive discussions focused on disruptive [...]
Imperial Mining Group Ltd. announces the results of its 2022 Annual and Special Meeting of Shareholders held on March 22, 2022 . The following individuals have consented to act as directors following their election by the shareholders: Steven Brunelle, Peter J. Cashin, Philippe Cloutier, Nick Nikolakakis and Jeffrey Swinoga. In addition, shareholders approved the appointment of Raymond Chabot Grant Thornton as Imperial's [...]
Imperial Mining Group Ltd. is pleased to provide investors with a corporate update and provide plans for the Crater Lake project throughout 2022. CRATER LAKE PEA - DELAY OF WORK Work on a 43-101 Preliminary Economic Assessment on the TG Zone scandium-rare earth zone resource has progressed. Delays are anticipated to address certain challenges arising from various tradeoff studies aimed at assessing the project CAPEX, OPEX [...]
Imperial Mining Group Ltd. is pleased to announce that it has been awarded a $245,355 grant from the Quebec Ministry of Energy and Natural Resources to undertake optimization work on its patent-pending metallurgical process for Crater Lake scandium-rare earth mineralization. "We are grateful to the Government of Quebec and the Ministry of Energy and Natural Resources for acknowledging Imperial's vision of developing a [...]
Imperial Mining Group Ltd. is pleased to announce that it has closed today a non-brokered private placement of 14,634,148 shares on a "flow-through" basis at a price of $0.205 per share for gross proceeds of $3,000,000.34 or a 46.4% premium to IPG's current share price. "I am very pleased with the positive response for this important flow-through private placement," said Imperial President & CEO, Peter Cashin. "This [...]
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