Imperial Metals (TSE:III) has released an update.
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Imperial Metals Corporation has amended the terms of its $34.47 million non-convertible debentures, extending the maturity date from July 1, 2024, to November 1, 2025, and adding a 2% prepayment penalty for early repayment. The company’s management has approved these changes without formal valuation or minority shareholder approval due to exemptions. Imperial, known for its significant mining and exploration holdings in British Columbia, continues to explore avenues to progress its various properties.
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