Imperial Metals Corporation

2.5

Canada & British Columbia Vancouver

580 Hornby Street, Suite 200

+1 604 669-8959

www.imperialmetals.com

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Company Resources

Project : Red Chris
Deposit : Red Chris
Date : Oct 06, 2015
Report Code : NI43-101 Report Type: Feasibility Study
Download: View this Report
Commodities : Copper-Gold-Silver
Report Details: Amended Feasibility Study Technical Report, LOM 28.3yrs
Resources: (Reserve, P+P): 301.5Mt @ 0.359% Cu, 0.274g/t Au for 2.38Blbs Cu, 2.67Moz Au contained
CP/QP: [Resources]: Greg Gillstrom (Internal)

Company Press Releases

Imperial Repays Debt

VANCOUVER, British Columbia, Aug. 16, 2019 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (the “Company”) (TSX:III) confirms that it has received the sales proceeds of approximately US$775 million related to the sale of a 70% interest in the Red Chris mine as announced on August 15, 2019. Proceeds from the sale transaction were utilized to repay debt as follows: Senior secured revolving credit facility of $200 millionSecond lien secured revolving credit facility of $50 millionSecured bridge loan of $26 millionUnsecured junior credit facility of $75 millionUnsecured c...

Imperial Reports Second Quarter 2019 Financial Results

VANCOUVER, British Columbia, Aug. 14, 2019 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (the “Company”) (TSX:III) reports financial results for the three and six months ended June 30, 2019, 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 Reporting Standards. The reporting currency of the Company is the Canadian (“CDN”) Dollar.  QUARTER HIGHLIGHTS FINANCIAL On March 10, 2019, the Co...

Imperial Closes Sale of a 70% Interest in Red Chris

VANCOUVER, British Columbia, Aug. 15, 2019 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (the “Company”) (TSX:III) announces the closing of the previously announced sale of a 70% interest in its Red Chris copper and gold mine in British Columbia, Canada to Newcrest Mining Limited (“Newcrest”) (ASX: NCM) for a final purchase price of US$804 million subject to debt and working capital adjustments. Inclusive of the near term settlement of some of these adjustments, Imperial received approximately US$775 million in net cash consideration.  The Company...

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