Thursday, December 28, 2017

Imperial Metals Corporation - III.t

Imperial Metals Corporation - III.t is advancing the Red Chris project, a 30,000 tonne per day copper/gold mine currently in final stage development.

The company owns and operates the Mount Polley open pit copper/gold mine, has 50% interest in both the Huckleberry open pit copper mine, and the Ruddock Creek zinc/lead project. The sole active project outside of British Columbia is the Sterling heap leach gold mine in Nevada.
On December 22, 2017 the company released News

Imperial Metals Corporation (the “Company”) (III-TSX) is pleased to announce the successful completion of its rights offering, which expired at 2:00 p.m. (Pacific Time) today. The Company issueda total of 19,080,978 common shares in the rights offering for gross proceeds of approximately $42.9million. The Company issued a total of 16,119,049 common shares under basic subscription privileges in the rights offering and a total of 2,961,929 common shares under additional subscription privileges.