Imperial Mining Announces its Intent to Extend the Expiry Date of Warrants

Aug 29, 2022

MONTRÉAL, Aug. 29, 2022 (GLOBE NEWSWIRE) -- Imperial Mining Group Ltd. (“Imperialˮ or the “Corporation”) (TSX VENTURE: IPG; OTCQB: IMPNF) announces its intent to extend the expiry dates of a total of 12,718,332 share purchase warrants (the “Warrants”), by 12 months to September 10, 2023 (the “Warrant Extension”). The Warrants were issued pursuant to a private placement which closed on September 10, 2019. Each Warrant entitles the holder thereof to acquire one common share of the Corporation at a price of $0.11 per common share and all other terms of the Warrants, including exercise price, will remain the same. The Warrant Extension is subject to the exchange acceptance.

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