Imperial Provides Additional Details Regarding Rights Offering

VANCOUVER, British Columbia, July 08, 2021 (GLOBE NEWSWIRE) — Imperial Metals Corporation (the “Company”) (TSX:III) is providing additional details of the Rights Offering completed June 25, 2021.

To the knowledge of the Company, no person became an insider as a result of the Rights Offering. Existing insiders acquired an aggregate of 5,834,477 shares pursuant to the Basic Subscription Privilege and 1,453,337 shares pursuant to the Additional Subscription Privilege.

About Imperial

Imperial is a Vancouver based exploration, mine development and operating company. The Company, through its subsidiaries, owns a 30% interest in the Red Chris mine, and a 100% interest in both the Mount Polley and Huckleberry copper mines in British Columbia.

Company Contacts

Brian Kynoch | President | 604.669.8959
Darb Dhillon | Chief Financial Officer | 604.488.2658

By Matt Earle

Matthew Earle is the Founder of MiningFeeds. In 2005, Matt founded MiningNerds.com to provide data and information to the mining investment community. This site was merged with Highgrade Review to form MiningFeeds. Matt has a B.Sc. degree with a minor in geology from the University of Toronto.

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