Senior Unsecured Convertible Debentures

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Imperial to Redeem Senior Unsecured Convertible Debentures due August 30, 2027
Globenewswireยท 2025-07-14 23:34
Core Points - Imperial Metals Corporation intends to redeem all outstanding $47,000,000 principal amount of Senior Unsecured Convertible Debentures on August 18, 2025 [1][2] - The redemption will occur at 100% of the principal amount, along with accrued and unpaid interest up to the redemption date [2] - Holders of the Debentures can convert their Debentures into common shares at a conversion price of $3.20 per share until five business days prior to the redemption date [3] Company Overview - Imperial Metals is based in Vancouver and is involved in exploration, mine development, and operations [4] - The company owns 100% of the Mount Polley and Huckleberry mines, and 30% of the Red Chris mine [4] - Imperial also holds a portfolio of 23 greenfield exploration properties in British Columbia [4]