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Imperial Metals Corp (2)
Symbol III
Shares Issued 120,782,585
Close 2019-02-15 C$ 1.99
Recent Sedar Documents

Imperial Metals extends loan maturity dates

2019-02-15 19:46 ET - News Release

Mr. Brian Kynoch reports

IMPERIAL EXTENDS CREDIT FACILITIES

Imperial Metals Corp. has obtained extensions regarding the maturity date of a number of its credit facilities as follows:

  • The senior credit facility maturity date has been extended from Feb. 15, 2019, to March 7, 2019.
  • The second lien credit facility maturity date has been extended from Feb. 15, 2019, to March 11, 2019.
  • The bridge loan maturity date has been extended from Feb. 28, 2019, to March 13, 2019.
  • The junior credit facility maturity date has been extended from March 12, 2019, to March 15, 2019.

These maturity date extensions will provide additional time to enable the special committee to further advance its progress under the business restructuring process announced on Sept. 17, 2018.

About Imperial Metals Corp.

Imperial is a Vancouver exploration, mine development and operating company. The company, through its subsidiaries, owns the Red Chris, Mount Polley and Huckleberry copper mines in British Columbia. Imperial also holds a 50-per-cent interest in the Ruddock Creek lead/zinc property.

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