III.TO · 2021-07-08 12:00:00

Imperial Provides Additional Details Regarding Rights Offering

Financings

News Release

Vancouver | July 8, 2021 | Imperial Metals Corporation (the “Company”) (TSX:III) is providing additional details of the

Rights Offering completed June 25, 2021.

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

acquired an aggregate of 5,834,477 shares pursuant to the Basic Subscription Privilege and 1,453,337 shares

pursuant to the Additional Subscription Privilege.

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About Imperial

Imperial is a Vancouver based exploration, mine development and operating company. The Company, through its

subsidiaries, owns a 30% interest in the Red Chris mine, and a 100% interest in both the Mount Polley and

Huckleberry copper mines in British Columbia.

Company Contacts

Brian Kynoch | President | 604.669.8959

Darb Dhillon | Chief Financial Officer | 604.488.2658