Repayment of Senior Unsecured Non-Convertible Debentures

Core Points - Imperial Metals Corporation has fully repaid all outstanding senior unsecured non-convertible debentures due November 1, 2025 [1] - The total principal amount repaid under the 2023 Debentures was $34,470,000, with an interest rate of 12.0% per annum [2] - The total principal amount repaid under the 2024 Debentures was $45,000,000, also with an interest rate of 12.0% per annum [3] Company Overview - Imperial is based in Vancouver and is involved in exploration, mine development, and operations, with holdings including the Mount Polley mine (100%), Huckleberry mine (100%), and Red Chris mine (30%) [4] - The company also has a portfolio of 23 greenfield exploration properties in British Columbia [4]