GlobeNewswire Inc | Jul 8, 2021 05:38PM EDT

July 08, 2021

VANCOUVER, British Columbia, July 08, 2021 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (the Company) (TSX:III) is providing additional details of the Rights Offering completed June 25, 2021.

To the knowledge of the Company, no person became an insider as a result of the Rights Offering. Existing insiders acquired an aggregate of 5,834,477 shares pursuant to the Basic Subscription Privilege and 1,453,337 shares pursuant to the Additional Subscription Privilege.

About Imperial

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.

Company Contacts

Brian Kynoch | President | 604.669.8959Darb Dhillon | Chief Financial Officer | 604.488.2658