Imperial Mining Appoints AdvanceCap Inc. for IR and Branding Services
02 3월 2023 - 11:00PM
Imperial Mining Group Ltd.
(“
Imperial” or the
“
Corporation”) (
TSX VENTURE: IPG)
is pleased to announce that the Company has appointed AdvanceCap
Inc., a fully integrated capital markets services firm, to help
Imperial Mining increase its visibility on the capital markets.
AdvanceCap, recently formed by a group of highly
successful Bay and Wall Street professionals, will assist the
Company with its investor outreach, as well as provide other
administration services.
Peter Cashin, Imperial’s President & CEO,
commented, “We have made very considerable progress at our Crater
Lake scandium property, resulting in a $1.7 billion NPV for our
recently-delivered PEA. We believe now is the time to up our
capital markets efforts as market dynamics indicate that critical
minerals such as scandium and rare earths, are about to break out.
We are sitting on a very valuable scandium resource that will help
North America reduce its dependency on supply from less friendly
jurisdictions and help meet rapidly growing demand. We were
impressed by the pedigree of the team at AdvanceCap and their
philosophy to help realize the value that we believe the Company
represents. We look forward to working with the team and engage in
a more active dialogue with the markets.”
AdvanceCap, recently formed by a group of highly
successful Bay and Wall Street professionals, will assist the
Company with its investor outreach, as well as provide other
administration services.
Scandium and other REEs enable critical
innovations in high growth areas such as environmental technologies
(including the EV revolution), aerospace, defense, and a host of
other applications. The scarcity of scandium shows that a dramatic
increase in mining capacity is required to meet demand.
In consideration of the services, Imperial
Mining will issue 1.25 million options at $0.11 and pay a $2,000
monthly cash retainer fee. Additionally, the Company has engaged
with a strategic marketing agency to help increase the Company’s
social media branding footprint.
ABOUT IMPERIAL MINING GROUP
LTD.
Imperial is a Canadian mineral exploration and
development company focused on the advancement of its technology
metals projects in Québec. Imperial is publicly listed on the TSX
Venture Exchange as “IPG” and on the OTCQB Exchange as “IMPNF” and
is led by an experienced team of mineral exploration and
development professionals with a strong track record of mineral
deposit discovery in numerous metal commodities.
For further information please
contact:
Marc Lakmaaker,
PresidentAdvanceCap Inc+1 (647) 289-6640marc@advancecapinc.com |
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Website:
www.imperialmgp.com |
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Twitter: @imperial_mining |
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Facebook:
Imperial Mining Group |
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Instagram:
imperialminingroup |
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Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Imperial Mining (TSXV:IPG)
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Imperial Mining (TSXV:IPG)
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