Imperial Metals (TSE:III) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Imperial Metals Corporation has amended the terms of its $34.47 million non-convertible debentures, extending the maturity date from July 1, 2024, to November 1, 2025, and adding a 2% prepayment penalty for early repayment. The company’s management has approved these changes without formal valuation or minority shareholder approval due to exemptions. Imperial, known for its significant mining and exploration holdings in British Columbia, continues to explore avenues to progress its various properties.
For further insights into TSE:III stock, check out TipRanks’ Stock Analysis page.
