Imperial Metals Corp T.III

Red Chris Feasibility Study and Mineral Resource Reports

[miningfundi]

The last two shareholder reports issued by Newport and III make zero reference to the progress, status, and estimated release date of the two technical reports. Newport is a huge, ponderous corporation with dozens of important projects, so its lack of Red Chris is somewhat understandable. III, however, is a small corporation with essentially two projects.

As a party to the Red Chris joint venture, III is fully entitled to all Red Chris project information. If III management does not have that information, it is incompetent. If it does have that information, it may be overlooking that TSX policy requires the timely release by a corporation of information that is material to it. Disappointing!

[Cognition777]

Imperial should at least have a "schedule for completion of the Bloack Cave Feasibility Study". From Feb 22, 2024 Press Release...  "A Block Cave Feasibility Study for Red Chris is currently being reviewed and updated by Newmont as required by our Joint Venture agreement. Imperial will update its mineral reserve and resource statement for Red Chris at the time that study

[Temeraire2]

...I share your dissappointment.  The company is being run according to ME's agenda.  No need for anyone to explain that we could have been diluted away a long time ago etc,.. I get that.   It's just simply bad practice & poor governance to treat shareholders as an after thought while collecting 12% on one's money.  Full disclosure in being a frustrated