Imperial Extends Credit Facilities

Press Release

Vancouver | March 7, 2019 | Imperial Metals Corporation (the “Company”) (TSX:III) announces that it has obtained extensions regarding the maturity date of a number of its credit facilities as follows:

• The Senior Credit Facility maturity date has been extended from March 7, 2019 to March 15, 2019.
• The Second Lien Credit Facility maturity date has been extended from March 11, 2019 to March 15, 2019.
• The Bridge Loan maturity date has been extended from March 13, 2019 to March 15, 2019.

These maturity date extensions will provide additional time to enable the Special Committee to further advance its progress under the business restructuring process announced on September 17, 2018.

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About Imperial

Imperial is a Vancouver exploration, mine development and operating company. The Company, through its subsidiaries, owns the Red Chris, Mount Polley and Huckleberry copper mines in British Columbia. Imperial also holds a 50% interest in the Ruddock Creek lead/zinc property.

Company Contacts

Brian Kynoch |President | 604.669.8959
Andre Deepwell | Chief Financial Officer | 604.488.2666
Sabine Goetz | Shareholder Communications | 604.488.2657 | investor@imperialmetals.com

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