VANCOUVER, British Columbia, July 06, 2022 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (the “Company”) (TSX:III) is providing additional details of the Rights Offering, which expired at 2:00 p.m. (Pacific Time) Friday, June 24, 2022.
To the knowledge of the Company, no person became an insider as a result of the Rights Offering. Existing insiders acquired an aggregate of 8,066,157 shares pursuant to the Basic Subscription Privilege and 2,451,001 shares pursuant to the Additional Subscription Privilege.
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. Imperial also holds a portfolio of 23 greenfield exploration properties in British Columbia.
Brian Kynoch | President | 604.669.8959Darb Dhillon | Chief Financial Officer | 604.488.2658