Imperial Metals Corporation announced a non-brokered private placement of unsecured non-convertible debentures for aggregate principal amount of up to CAD 20,000,000 on October 13, 2023. The transaction will include participation from N. Murray Edwards for up to CAD 12,500,000. The Debentures have a maturity date of July 1, 2025 and bear interest at a rate of 12.0% per annum, with interest paid semiannually in cash, with the first payment due May 1, 2024.