Imperial Extends Credit Facilities
imperialmetals.com
News Release
Imperial Extends Credit Facilities
Vancouver | March 7, 2019 | Imperial Metals Corporation (the “Company”) (TSX:III) announces that it 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 March 7, 2019 to March 15, 2019.
The Second Lien Credit Facility maturity date has been extended from March 11, 2019 to March 15, 2019.
The Bridge Loan maturity date has been extended from March 13, 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 September 17, 2018.
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About Imperial
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% interest in the Ruddock
Creek lead/zinc property.
Company Contacts
Brian Kynoch | President | 604.669.8959
Andre Deepwell | Chief Financial Officer | 604.488.2666
Sabine Goetz | Shareholder Communications | 604.488.2657 | [email protected]
Forward-Looking Information and Risks Notice
Forward-looking stateme nts relate to future events or future pe rformance and reflect Company management's expectations or beli efs
regarding future events and include, but are not limited to, st atements regarding extensions of the maturity dates obtained fo r the Senior
Credit Facility, the Second Lien C redit Facility, the Bridge Lo an and the Junior Credit Facility, and the effect of such exten sions on the
Special Committee’s advancement of the ongoing business restructuring process. By their very nature forward-looking statements involve
known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company
to be materially different from any future results, performance or achievements expressed or i mplied by the forward-looking st atements.
Such factors include, among others, risk factors detailed from time to time in the Company's in terim and annual financial statements and
management's discussion and analysis of those statements, all o f which are filed and available for review on sedar.com. Although the
Company has attempted to identify important factors that could cause actual actions, events or results to differ materially fr om those
described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated
or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could
differ materially from those anti cipated in such statements. Ac cordingly, readers should not pla ce undue reliance on forward l ooking
statements.