Imperial Mining Group Ltd. announce the extension of the closing of the balance of its non-brokered private placement , as previously announced on December 23, 2022, of shares on a "flow-through" basis at a price of $0.11 per share out of a maximum gross proceed of $500,000, and of units at a price of $0.09 per Unit out of a maximum gross proceed of $500,000. Under the first tranche of the Offering which closed on the [...]
Imperial Mining Group Ltd. is pleased to announce that it has closed today a non-brokered private placement of 2,000,000 shares on a "flow-through" basis at a price of $0.15 per share for gross proceeds of $300,000. "I am very thankful of the continued financial support we have received from WCPD to advance the development of the Crater Lake scandium-rare earth project," said Imperial President & CEO, Peter Cashin. "This [...]
Imperial Mining Group Ltd. is pleased to announce that it has entered into a Collaboration Agreement with Développement Economique Sept-îles Inc to assist with local stakeholders in the Sept Iles area of the Province of Quebec in support of the establishment of Imperial's scandium, rare earths and scandium-aluminum master alloys facility to be sited within the boundaries of the City of Sept-Iles and to be operated by [...]
Imperial Mining Group Ltd. is pleased to announce that it closed today the first tranche of a non-brokered private placement of 3,670,708 shares on a "flow-through" basis at a price of $0.11 per share out of a maximum gross proceed of $500,000, and 422,223 units at a price of $0.09 per Unit out of a maximum gross proceed of $500,000. Each Unit is comprised of one common share and half of a Share purchase warrant, with [...]
Highlights: Assay results from the final three drillholes from the summer program have returned impressive grades of 378 g/t scandium oxide over 24.68 m in a new mineralized zone within a larger interval grading 288 g/t scandium oxide over 82.57 m and 292 g/t Sc2O3 over 41.95 m , including 320 g/t Sc2O3 over 26.3 m . These are the deepest and southernmost cuts into the TG Zone and confirm a thickening and grade increase [...]
Highlights: Assay results from the three additional drillholes continue to return impressive grades of 98.6 grading 308 g/t scandium oxide , including 52.8 m grading 322 g/t Sc2O3 and 113.7 m grading 278 g/t Sc2O3, including 335 g/t Sc2O3 over 10.5 m and including 301 g/t over 16.75 m . These are the deepest cuts into the TG Zone and confirm a thickening and grade increase to the mineralization at depth. Elevated levels [...]
Imperial Mining Group Ltd. is pleased to announce that it has completed its Summer 2022 exploration and definition diamond drill program on the Ta-Nb Target and the TG Zone. Early results are encouraging and give inference to grade and tonnage increases to the TG North Lobe Deposit resource . The TG scandium mineralized Zone continues to return substantial intersection widths of scandium-bearing Olivine and Pyroxene [...]
Imperial Mining Group Ltd. announces its intent to extend the expiry dates of a total of 12,718,332 share purchase warrants, by 12 months to September 10, 2023. The Warrants were issued pursuant to a private placement which closed on Sept 10, 2019. Each Warrant entitles the holder thereof to acquire one common share of the Corporation at a price of $0.11 per common share and all other terms of the Warrants, including [...]
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 [...]
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