| Imperial Announces Sale and Transfer of Iskut Extension of the Northwest Transmission Line to BC Hydro | |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 19, 2014) - Imperial Metals Corporation ("Imperial") (III.TO) announces it has completed and closed the sale of the 93 kilometre 287kV Iskut extension of the Northwest Transmission Line to BC Hydro for $52 million. The Iskut extension was built by Highway 37 Power Corp., a subsidiary of Imperial, from the terminus of the Northwest Transmission Line at the Bob Quinn substation to a newly constructed substation at Tatogga Lake. A 16 kilometre 287kV power line connects the Red Chris mine to the Tatogga substation. |
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Imperial Metals Corp
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PRODUCER |
CODE : III.TO |
ISIN : CA4528921022 |
CUSIP : 452892102 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Imperial is a zinc and lead producing company based in Canada. Imperial produces zinc, lead, copper, diamonds, gold, molybdenum and silver in Canada, develops copper and gold in Canada, and holds various exploration projects in Canada. Its main assets in production are HUCKLEBERRY, MOUNT POLLEY, PORCHER ISLAND and STERLING in Canada, its main asset in development is RED CHRIS in Canada and its main exploration properties are BEAR, NAK, SHERATON-TIMMINS, ROBB LAKE, LJ, KNEB, GHOST PROPERTY, INDATA, WASI CREEK, GIANT COPPER, RUDDOCK CREEK, CATFACE, BALDWIN-MCVICAR, THE CENTURY and FANDORA in Canada. Imperial is listed in Canada and in United States of America. Its market capitalisation is CA$ 222.7 millions as of today (US$ 162.4 millions, € 150.4 millions). Its stock quote reached its lowest recent point on November 29, 2002 at CA$ 0.15, and its highest recent level on July 17, 2015 at CA$ 9.98. Imperial has 93 590 000 shares outstanding. |