Imperial Closes $47 Million Non-Brokered Private Placement of Convertible Debentures

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Aug 31, 2022

VANCOUVER, British Columbia, Aug. 31, 2022 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (the “Company” or “Imperial”) (TSX:III, Financial) is pleased to announce that further to its news release dated August 5, 2022, the Company has closed its non-brokered private placement (the “Private Placement”) of unsecured convertible debentures (the “Convertible Debentures”) with an aggregate principal amount of $47 million, up from the $45 million previously announced.