III.TO · 2018-01-02 12:00:00

Imperial Provides Additional Details Regarding Rights Offering

Financings

imperialmetals.com

News Release

Vancouver | January 2, 2018 | Imperial Metals Corporation (the “Company”) (III-TSX) is providing additional details

of the rights offering completed on December 22, 2017.

To the knowledge of the Company, no person became an insider as a result of the rights offering. Existing insiders

acquired an aggregate of 8,340,752 shares pursuant to basic subscription privileges and 1,680,507 shares pursuant to

additional subscription privileges. Upon completion of the rights offering, 44,246,623 shares are held by N. Murray

Edwards and his affiliates, representing approximately 38.6% of the Company’s shares.

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About Imperial

Imperial is a Vancouver based 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/zine property in British Columbia.

Imperial Contact Information

Brian Kynoch | President | 604.669.8959

Andre Deepwell | Chief Financial Officer | 604.488.2666

Gordon Keevil | Vice President Corporate Development | 604.488.2677

Sabine Goetz | Shareholder Communications | 604.488.2657 | [email protected]