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VANCOUVER, BC --(Marketwired - December 30, 2016) - Imperial Metals Corporation (TSX: III) (the "Company") -- Imperial announces that it has closed the previously announced private placement of common shares of the Company (the "Financing"). Due to strong demand, the Company increased the Financing from $55 million to $65 million. The Company has issued 11,818,182 common shares at a price of $5.50 per share for gross proceeds of $65,000,001. |