Northwire Canada EditionMonday, September 14, 2026
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GOLD 4336.50 −1.6% SILVER 63.70 −2.3% COPPER 6.40 −2.3% OIL 101.95 +1.9% PALLADIUM 1295.75 −2.1% HMMC 8.29 −1.1% NAR 0.260 −5.5% GCN 0.030 −14.3% RIO 3.54 −1.4% EVI 0.430 +2.4% CTV 0.110 −4.3% ECOR 3.10 −4.0% TLG 2.20 +0.0% UCU 2.59 +2.8% LME 0.150 +0.0% MKO 13.96 +0.1% VOXR 7.85 −1.8% ETL 1.03 +0.0% FISH 5.79 +0.0% VRB 0.080 −5.9% DCOP 0.100 +5.3% GOLD 4336.50 −1.6% SILVER 63.70 −2.3% COPPER 6.40 −2.3% OIL 101.95 +1.9% PALLADIUM 1295.75 −2.1% HMMC 8.29 −1.1% NAR 0.260 −5.5% GCN 0.030 −14.3% RIO 3.54 −1.4% EVI 0.430 +2.4% CTV 0.110 −4.3% ECOR 3.10 −4.0% TLG 2.20 +0.0% UCU 2.59 +2.8% LME 0.150 +0.0% MKO 13.96 +0.1% VOXR 7.85 −1.8% ETL 1.03 +0.0% FISH 5.79 +0.0% VRB 0.080 −5.9% DCOP 0.100 +5.3%
Financings

Repayment of Senior Unsecured Non-Convertible Debentures

By The Northwire Desk — AI Analysis Oct 31, 2025 · 17:07 III · 6.85 Imperial Metals Corporation
III · Price

Executive Summary

  • Imperial Metals fully repaid all outstanding senior unsecured non‑convertible debentures due November 1, 2025.
  • The repayment covered $34.47 million of the 2023 Debentures and $45 million of the 2024 Debentures, each with accrued interest at a 12.0% annual rate.
  • Completion of these repayments eliminates the company’s senior unsecured debt obligations, improving its balance‑sheet strength.

Key Details

  • 2023 Debentures: Principal repaid – $34,470,000; interest rate – 12.0% per annum; original issue date June 30, 2023 (amended June 2024).
  • 2024 Debentures: Principal repaid – $45,000,000; interest rate – 12.0% per annum; original issue date March 1, 2024.
  • Both sets of debentures were senior unsecured non‑convertible instruments with a maturity of November 1, 2025.
  • Repayment includes all accrued interest up to the repayment date (exact interest amounts not disclosed).
  • The full settlement removes $79.47 million of senior debt from Imperial’s capital structure.
  • Reference is made to prior news releases detailing the original issuances (June 16, 2023; February 6, 2024; June 24, 2024).

Notable Quotes

(No quotes were provided in the release.)

Read the original news release →

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