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 [...]
Imperial Mining Group Ltd. is pleased to announce that it has partnered with Investment Quebec and the Baie-Comeau Regional Industrial Development Agency to undertake a comprehensive scandium market study. The study will look at the benefits of establishing a North American supply of scandium and scandium-aluminum alloys products and determine the industrial and technological development impacts on the Baie-Comeau region [...]
Highlights: Assay results from a two-hole test drilling program of the STG Zone returned an impressive intercept of 115.8 m grading 252 g/t scandium oxide , including 28.1 m grading 265 g/t Sc2O3 and 22.5 m grading 276 g/t Sc2O3. Elevated levels of total rare earth oxides plus yttrium of up to 0.475 % characterize the scandium-bearing horizon. 2021 channel sampling of the surface projection of the mineralization traced [...]
Imperial Mining Group Ltd. is pleased to announce that it has nominated Mr. Nick Nikolakakis, MBA, to the Board of Directors. Nick Nikolakakis, MBA, Director We are pleased to announce that Nick Nikolakakis has accepted to join Imperial Mining Group's Board of Directors. Mr. Nikolakakis has over 26 years of senior management, strategic and capital planning, and finance and accounting experience within the mining sector [...]
Highlights: Imperial's independent qualified persons report Indicated Resources of 7.3 million tonnes grading 282 g/t Sc2O3 and Inferred Resources of 13.2 million tonnes grading 262 g/t Sc2O3 for the Northern Lobe of the TG Scandium Zone. Determinations of magnet rare earth oxides were made for both resource categories. Using a Net Smelter Return cut-off value of $CAN110.80/t, the value of the mineralization was [...]
Imperial Mining Group Ltd. is pleased to announce that it has nominated Mr. Jeff Swinoga, CPA, as its new Chairman of the Board of Directors. Jeff Swinoga, CPA, Chairman of the Board We are honoured to announce that Jeff Swinoga has accepted to assume the role of Chairman of the Board of Directors of Imperial Mining Group Ltd., effective immediately. Jeff Swinoga is a highly accomplished mining executive with more than 25 [...]
Imperial Mining Group Ltd. and partner FusiA Groupe , collectively "Consortium", are pleased to announce that they have been awarded funding, as a Consortium, for a scandium-aluminum material R&D project valued at CAN$2,600,520 from a Federally-funded not-for-profit institution. The project will focus on the industrialization and the development of a vertically integrated supply chain for a scandium-aluminum alloy for 3D [...]
Imperial Mining Group Ltd. and partner Eck Industries are pleased to announce that they have completed a successful series of tests based on scandium-modified aluminum-magnesium alloy components and have collected characterization data for the material. The test data shows that the material properties for EV battery box requirements, as specified by a major North American automotive manufacturer, have been met or [...]
Highlights: Imperial's independent qualified persons report Indicated Resources of 7.3 million tonnes grading 282 g/t Sc2O3 and Inferred Resources of 13.2 million tonnes grading 262 g/t Sc2O3 for the Northern Lobe of the TG Scandium Zone. Determinations of magnet rare earth oxides were made for both resource categories. Using a Net Smelter Return cut-off value of $CAN110.80/t, the value of the mineralization was [...]
Imperial Mining Group Ltd. is pleased to announce that it closed the second and last tranche of a non-brokered private placement of 3,516,666 units at a price of $0.15 per Unit, for an aggregate gross proceeds $527,500. The Corporation was thus able to raise a total of $1,346,500 in the Offering with both tranches. Each Unit is comprised of one common share and one a Share purchase warrant , with each Warrant entitling [...]
+12,38 %
-1,30 %
-50,00 %