Imperial Announces Extension of Covenant Waiver Under Senior Credit Facility
29 September 2017 - 11:56AM
Imperial Metals Corporation (the “Company”)
(TSX:III) reports that the waiver of noncompliance with respect to
one of the financial covenants under the Senior Credit Facility has
been extended from September 30, 2017 to October 13, 2017.
The Senior Credit Facility Lenders have requested additional time
to review and obtain approvals for the financing plan that was
submitted by the Company as required under the original waiver
dated August 14, 2017.
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|zinc
property in British Columbia.
Imperial Contact Information Brian
Kynoch | President |
604.669.8959Andre Deepwell | Chief Financial
Officer | 604.488.2666Gord Keevil
| Vice President Corporate Development
| 604.488.2677 Steve Robertson |
Vice President Corporate Affairs |
604.488.2669Sabine Goetz | Shareholder
Communications | 604.488.2657 |
investor@imperialmetals.com
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