Brief: Imperial Agrees To Issue Up To $35 Million Of Non-Convertible Debentures
June 16 (Reuters) - Imperial Metals Corp III.TO :
* IMPERIAL AGREES TO ISSUE UP TO $35 MILLION OF
NON-CONVERTIBLE
DEBENTURES
* DEBENTURES HAVE A MATURITY DATE OF JULY 1, 2024 AND BEAR
INTEREST AT A RATE OF 12.0% PER ANNUM
* IMPERIAL METALS - PROCEEDS ARE INTENDED TO BE USED TO FUND
OPERATION AND DEVELOPMENT AT RED CHRIS MINE AND FOR GENERAL
WORKING CAPITAL PURPOSES
Source text for Eikon: ID:nGNX80jyF5
Further company coverage: III.TO
((Reuters.Briefs@thomsonreuters.com;))
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