Repayment of Senior Unsecured Non-Convertible Debentures

Repayment of Senior Unsecured Non-Convertible Debentures

Imperial Metals Corporation (the "Company" or "Imperial") (TSX:III,OTC:IPMLF) announces that it has fully repaid all outstanding senior unsecured non-convertible debentures due November 1, 2025 (the "Debentures").

The Company has repaid the principal amount of $34,470,000, along with accrued interest, under the senior unsecured non-convertible debentures issued by the Company on June 30, 2023, and amended in June 2024 (the "2023 Debentures"). The 2023 Debentures carried an interest rate of 12.0% per annum.

Additionally, the Company has repaid the principal amount of $45,000,000, along with accrued interest, under the senior unsecured non-convertible debentures issued by the Company on March 1, 2024 (the "2024 Debentures"). The 2024 Debentures also carried an interest rate of 12.0% per annum.

Further information about the Debentures can be found in the news releases dated June 16, 2023, February 6, 2024, and June 24, 2024.

About Imperial

Imperial is a Vancouver-based exploration, mine development and operating company with holdings that include the Mount Polley mine (100%), the Huckleberry mine (100%), and the Red Chris mine (30%). Imperial also holds a portfolio of 23 greenfield exploration properties in British Columbia.

Imperial Contacts

Brian Kynoch | President | 604.669.8959
Darb S. Dhillon | Chief Financial Officer | 604.669.8959


Primary Logo

News Provided by GlobeNewswire via QuoteMedia

III:CC
The Conversation (0)
Closeup of stacked copper bars with reflective surface.

Copper Price Forecast: Top Trends for Copper in 2026

Copper prices were volatile in 2025 due to supply constraints, high demand and geopolitical concerns.Experts are calling for many of these trends to carry over into 2026, sending the market into deficit. Beyond supply and demand fundamentals, copper will also be met with global uncertainty as... Keep Reading...
Aterian Plc

Transformational AI-Led JV with Lithosquare SAS

€1.4 million exploration acceleration programme for Aterian's Moroccan and Botswana copper and critical mineral targets

Aterian plc (LSE: ATN), the critical mineral exploration and development company focused on Africa, is pleased to announce the signing of a binding Heads of Terms ("HoT") for a strategic, AI-powered earn-in joint venture ("JV") with Lithosquare SAS ("Lithosquare"), a Paris-based next-generation... Keep Reading...
Aerial view of copper mine in Cobar, New South Wales.

Surge in Copper Demand Re-energises Cobar Basin’s Underexplored Resource Potential

The Cobar Basin in Central New South Wales, Australia, may be emerging as a key focus for investors positioning for the next wave of copper supply. With a looming global shortage of the red metal and long-term demand being driven by electrification and decarbonisation, savvy investors are... Keep Reading...
Copper bobbins.

Copper Price 2025 Year-End Review

Copper prices were volatile in 2025, with high levels of uncertainty influencing the market. Changing US trade policy, as well as traditional supply and demand fundamentals, worked together to move the metal. Increasing demand and a lack of new supply have long been key drivers for copper, and... Keep Reading...
Many copper bobbins and warehouse copper pipes.

Top 10 Copper-producing Companies

Copper miners with productive assets have much to gain as supply and demand tighten. The price of copper reached new all-time highs in 2025 on both the COMEX in the United States and the London Metals Exchange in the United Kingdom. On the COMEX, the copper price peaked at US$5.94 per pound... Keep Reading...
File tab labeled "rejected" among other folders.

SolGold Rejects Latest Jiangxi Copper Proposal

SolGold (LSE:SOLG,OTC Pink:SLGGF) confirmed that it received and has once again rejected a preliminary, conditional, non-binding proposal from Jiangxi Copper (HKEX:0358,SHA:600362,OTC Pink:JIAXF). Pitched at 26 pence (US$0.34) per ordinary share, the offer to acquire the entire issued and... Keep Reading...

Latest Press Releases

Related News