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Imperial Metals Company (the “Firm” or “Imperial”) (TSX:III,OTC:IPMLF) declares that it has absolutely repaid all excellent senior unsecured non-convertible debentures due November 1, 2025 (the “Debentures”).
The Firm has repaid the principal quantity of $34,470,000, together with accrued curiosity, beneath the senior unsecured non-convertible debentures issued by the Firm on June 30, 2023, and amended in June 2024 (the “2023 Debentures”). The 2023 Debentures carried an rate of interest of 12.0% each year.
Moreover, the Firm has repaid the principal quantity of $45,000,000, together with accrued curiosity, beneath the senior unsecured non-convertible debentures issued by the Firm on March 1, 2024 (the “2024 Debentures”). The 2024 Debentures additionally carried an rate of interest of 12.0% each year.
Additional details about the Debentures could be discovered within the information releases dated June 16, 2023, February 6, 2024, and June 24, 2024.
About Imperial
Imperial is a Vancouver-based exploration, mine improvement and working firm with holdings that embody the Mount Polley mine (100%), the Huckleberry mine (100%), and the Crimson Chris mine (30%). Imperial additionally holds a portfolio of 23 greenfield exploration properties in British Columbia.
Imperial Contacts
Brian Kynoch | President | 604.669.8959
Darb S. Dhillon | Chief Monetary Officer | 604.669.8959
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