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Bullboard - Stock Discussion Forum Imperial Metals Corp T.III

Alternate Symbol(s):  IPMLF

Imperial Metals Corporation is a Canada-based exploration, mine development and operating company. The Company’s holdings include the Mount Polley mine (100%), the Huckleberry mine (100%), the Red Chris mine (30%). The Company also holds a portfolio of about 23 greenfield exploration properties in British Columbia. The Mount Polley copper/gold mine in south-central British Columbia is owned 100... see more

TSX:III - Post Discussion

Imperial Metals Corp > ,,,,,,,,,,,,,,,RIGHTs........Will start TRADING.............
View:
Post by Red_Deer on May 25, 2021 1:53pm

,,,,,,,,,,,,,,,RIGHTs........Will start TRADING.............

Will be INTERESTING to see @ What Price OUR Rights will BE later this week eh ????

Likely will Only be a Few PENNIES__as 10 Rights ARE NEEDED in order to GET 1 share @ 4.70

For example with the Current Price @ 4.90__the Rights should Trade @ 2.0 Cents.

The Rights will trade on the Toronto Stock Exchange under the symbol "III.RT" commencing on May 27, 2021 and will trade until 9:00 a.m. (Pacific Time) on June 25, 2021. The Rights will expire at 2:00 p.m. (Pacific Time) on June 25, 2021 (the "Expiry Time"), after which time unexercised Rights will be void and of no value. Shareholders who fully exercise their Rights will be entitled to subscribe pro rata for additional Common Shares (the "Additional Common Shares") in the Rights Offering, if available, as a result of unexercised Rights prior to the Expiry Time, subject to certain limitations set out in the Rights Offering Circular (the "Additional Privilege").
Comment by egss on May 26, 2021 10:51am
May have to reprice if stock traades below offering. This stock trades so little very easy to manipulate likely bounce when this is over...
Comment by Freemealforall on May 26, 2021 1:23pm
Doubt they will reprice...... over 46% already secured (directly), the rest also, if current owners do not buy (right of those who pay in fully in first tranche !!!). So, on one hand easy for Co, on the other very attractive for owners (at least majority owners !!!). They just "smile" for evwry % they might get on this account...... and - they will
Comment by Red_Deer on May 26, 2021 8:34pm
As USUAL__the BIG BOYZ Forced Share PRICE Down to 4.77__THUS the Warrants WILL Likely TRADE @ 1.0 Cents @ Opening ToMorrow. BUT__and AGAIN As USUAL__ALL Retail Investors Will NOT Be ABLE to TRADE__as their RIGHTS will NOT Show UP in THEIR ACCOUNTS for a FEW DAYS.__and By THAT TIME We WILL BE Lucky to Get EVEN a HALF CENT for OUR Rights !!!! This IS the WAY Every RIGHTs Issue HAS Turned OUT For ...more  
Comment by Red_Deer on May 27, 2021 2:28pm
So NOT MUCH Trading so far @ 1.5 Cents__as I Posted it would ONLY BE the PRO Traders/Brokerages who would EVEN Be ABLE to Trade__WE Will Be LUCKY to  SEE Our Rights in OUR Accounts come Monday. Recent Trades - All 3 today Time ET Ex Price Change Volume Buyer Seller Markers 10:20:05  ...more  
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