Imperial Metals Corporation Information

Imperial Metals is a British Columbia explorer, developer and mining operator. Our history dates back to December 1959 when Imperial Metals & Power Ltd. was incorporated in British Columbia. Over the past six decades, Imperial has undergone several transitions to become the Company we are today. In 1995 Imperial merged with Bethlehem Resources Corporation, in 2002 the Company completed a corporate reorganization and divested its oil and gas assets with a renewed focus on base metals, and in 2007 the Company acquired the Red Chris project. In March 2019 Imperial embarked on a major new transition with an agreement to sell a 70% interest in the Red Chris asset to Newcrest Mining Limited. On August 15, 2019, the Company and Newcrest announced completion of the transaction, and that they have formed a joint venture for the operation of the Red Chris mine. Newcrest is the operator of the mine, and Imperial retains a 30% joint venture interest. Imperial is well positioned to benefit from a strong copper market with 43-101 supported measured and indicated copper resources of about 5 billion pounds. We remain focused in British Columbia, where we have worked with local communities, First Nations partners, and our province for decades. We plan to be a key part of British Columbia’s post pandemic economic recovery and we look forward to reopening Mount Polley and Huckleberry in the near future.