Imperial Metals Corp.

VANCOUVER, British Columbia, Oct. 27, 2017 (GLOBE NEWSWIRE) -- Imperial Metals Corp. (the “Company”) (TSX:III) reports that it has concluded its discussions with its Senior Credit Facility and Second Lien Credit Facility lenders and provides the following update on its Financing Plan which is subject to receipt of certain required regulatory approvals and definitive documentation. The elements of the Financing [...]

VANCOUVER, British Columbia, Oct. 13, 2017 (GLOBE NEWSWIRE) -- Imperial Metals Corp. (the “Company”) (TSX:III) reports on production, Senior Credit Facility and Bridge Loan. Third Quarter Production Results The Company reports third quarter production results from the Red Chris mine of 19.65 million pounds copper and 8,426 ounces gold, up 27% and 37% respectively from the second quarter. Higher copper and gold [...]

VANCOUVER, British Columbia, Sept. 28, 2017 (GLOBE NEWSWIRE) -- Imperial Metals Corp. (the “Company”) (TSX:III) reports that the waiver of noncompliance with respect to one of the financial covenants under the Senior Credit Facility has been extended from September 30, 2017 to October 13, 2017. The Senior Credit Facility Lenders have requested additional time to review and obtain approvals for the financing [...]

VANCOUVER, British Columbia, Aug. 14, 2017 (GLOBE NEWSWIRE) -- Imperial Metals Corp. (the “Company”) (TSX:III) reports comparative financial results for the three and six months ended June 30, 2017 and 2016, as summarized in this release and discussed in detail in the Management’s Discussion & Analysis. The Company’s financial results are prepared in accordance with International Financial [...]

VANCOUVER, British Columbia, July 31, 2017 (GLOBE NEWSWIRE) -- Imperial Metals Corp. (the “Company”) (TSX:III) reports that it has closed a $20 million bridge loan financing (“Bridge Loan”) with affiliates of its two major shareholders, Edco Capital Corporation, controlled by N. Murray Edwards and The Fairholme Partnership, LP, a private fund advised by Fairholme Capital Management, L.L.C., each of [...]

VANCOUVER, British Columbia, July 27, 2017 (GLOBE NEWSWIRE) -- Imperial Metals Corp. (the “Company”) (TSX:III) announces that Mount Polley mine operations are planned to resume following the downgrading of the Evacuation Orders for the City of Williams Lake and many surrounding areas to Evacuation Alerts. To allow time for employees who had been evacuated to return to their homes, crews will be recalled to [...]

VANCOUVER, British Columbia, July 17, 2017 (GLOBE NEWSWIRE) -- Imperial Metals Corp. (the “Company”) (TSX:III) reports that due to the continuing forest fire situation, the Cariboo Regional District issued an Evacuation Order for the City of Williams Lake and surrounding areas. As a result of the Evacuation Order and increased restrictions on highway use in the area, Mount Polley mine operations were suspended [...]

VANCOUVER, British Columbia, July 10, 2017 (GLOBE NEWSWIRE) -- Imperial Metals Corp. (the “Company”) (TSX:III) reports that forest fires in south central British Columbia are threatening the homes of many employees who live in the Williams Lake area, and impacting operations at the Mount Polley mine site, located 56 km northeast of Williams Lake. Many of the roads used to access the mine site are currently [...]

VANCOUVER, British Columbia, July 06, 2017 (GLOBE NEWSWIRE) -- Imperial Metals Corp. (the “Company”) (TSX:III) reports that second quarter production results from Red Chris were 15.4 million pounds of copper and 6,159 ounces of gold. These results were weaker than expected and similar to the production levels achieved in the first quarter of the year. Copper recovery continues to be lower than planned and even [...]

Imperial Metals Corp. reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the management proxy circular dated April 6, 2017 for the 2017 Annual Meeting of Shareholders (the "Meeting") were elected as directors of the Company. Results of the vote for the election of directors held at the Meeting on May 25, 2017 in Coquitlam, British Columbia are: Name of Nominee Votes For [...]