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Imperial Metals Corp

Publié le 14 août 2007

Reports Results for the Second Quarter 2007

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Imperial Metals Corporation
TSX:III
Other Recent News

August 14, 2007
Imperial Reports Results for the Second Quarter 2007
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 14, 2007) - Imperial Metals Corporation (TSX:III) reports net income of $3.2 million ($0.10 per share) for the 2007 second quarter compared to net income of $26.6 million ($0.89 per share) in the 2006 second quarter. Adjusted net income in the quarter was $19.5 million or $0.62 per share, versus $20.0 million or $0.67 per share in the June 2006 quarter. Adjusted net income is calculated by excluding the effect of certain items not settling in the current period.

Revenues were $93.2 million (compared to 2006 June quarter of $81.3 million).

Cash flow increased to $24.4 million (compared to 2006 June quarter of $13.2 million). The $11.2 million increase is the result of the inclusion of the 50% of cash flow from Huckleberry.

Capital expenditures were $9.8 million, about double the $4.3 million spent in the comparative 2006 quarter as the Company continued its significant exploration programs.

Imperial's comparative financial results for the three and six months ended June 30, 2007 and June 30, 2006 are summarized below and discussed in detail in the Management's Discussion and Analysis, which is contained within the Second Quarter Report, available on the Company's website www.imperialmetals.com and on SEDAR www.sedar.com.

                              Three Months Ended          Six Months Ended
------------------------------------------------   -----------------------
(unaudited) in thousands
 except per share           June 30,     June 30,     June 30,     June 30,
 amounts                       2007         2006         2007         2006
------------------------------------------------   -----------------------
Revenues                 $   93,210   $   81,318   $  147,456   $  108,633
Operating Income         $   27,337   $   41,908   $   41,070   $   48,465
Net Income               $    3,224   $   26,565   $    1,302   $   27,225
Net Income Per Share     $     0.10   $     0.89   $     0.04   $     0.93
Adjusted Net Income(1)   $   19,482   $   20,023   $   30,190   $   22,785
Adjusted Net Income Per
 Share(1)                $     0.62   $     0.67   $     0.97   $     0.78
Cash Flow(1)             $   24,412   $   13,235   $   46,468   $   15,211
Cash Flow Per Share(1)   $     0.78   $     0.44   $     1.50   $     0.52
--------------------------------------------------------------------------

(1) Adjusted Net Income, Adjusted Net Income Per Share, Cash flow and Cash
    Flow Per Share are measures used by the Company to evaluate its
    performance; however, they are not terms recognized under generally
    accepted accounting principles. Adjusted Net Income is defined as net
    income adjusted for certain items of a non-operational nature that
    pertain to future periods as described in further detail in the
    Management's Discussion and Analysis under the heading Adjusted Net
    Income. Cash Flow is defined as cash flow from operations before net
    change in working capital balances. Adjusted Net Income and Cash Flow
    Per Share are the same measures divided by the weighted average number
    of common shares outstanding during the period.
 
Imperial is a mine development and operating company based in Vancouver, British Columbia. The Company's key properties are the Mount Polley open pit copper/gold producing mine (100% interest) in central British Columbia, the Huckleberry open pit copper/molybdenum producing mine (50% interest) in northern British Columbia, the development stage Red Chris property (100%) in northern British Columbia, and the Sterling gold mine (100% interest) in southwest Nevada.

CONTACT INFORMATION:

Imperial Metals Corporation
Brian Kynoch
President
(604) 669-8959
Fax: (604) 687-4030

or

Imperial Metals Corporation
Andre Deepwell
Chief Financial Officer
(604) 488-2666

or

Imperial Metals Corporation
Sabine Goetz
Investor Relations
(604) 488-2657
Email: info@imperialmetals.com
Website: www.imperialmetals.com

INDUSTRY: Manufacturing and Production - Mining and Metals

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Imperial Metals Corp

PRODUCTEUR
CODE : III.TO
ISIN : CA4528921022
CUSIP : 452892102
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Imperial est une société de production minière de zinc et de plomb basée au Canada.

Imperial est productrice de zinc, de plomb, d'argent, de cuivre, de diamants, de molybdène et d'or au Canada, en développement de projets de cuivre et d'or au Canada, et détient divers projets d'exploration au Canada.

Ses principaux projets en production sont HUCKLEBERRY, MOUNT POLLEY, PORCHER ISLAND et STERLING au Canada, son principal projet en développement est RED CHRIS au Canada et ses principaux projets en exploration sont BEAR, NAK, SHERATON-TIMMINS, ROBB LAKE, LJ, KNEB, GHOST PROPERTY, INDATA, WASI CREEK, GIANT COPPER, RUDDOCK CREEK, CATFACE, BALDWIN-MCVICAR, THE CENTURY et FANDORA au Canada.

Imperial est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 233,0 millions CA$ (186,3 millions US$, 163,2 millions €).

La valeur de son action a atteint son plus bas niveau récent le 29 novembre 2002 à 0,15 CA$, et son plus haut niveau récent le 17 juillet 2015 à 9,98 CA$.

Imperial possède 93 590 000 actions en circulation.

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29/03/2013Reports 2012 Financial Results
09/11/2012Reports 2012 Third Quarter Financial Results
07/08/2012Reports 2012 Second Quarter Financial Results
11/05/2012Reports 2012 First Quarter Financial Results
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22/03/2011Reports on 2010 Production and Update on Exploration
13/08/2010Reports 2010 Second Quarter Financial Results
12/05/2010Reports 2010 First Quarter Financial Results
01/04/2010Reports 2009 Financial Results
13/11/20092009 Third Quarter Financial Results
14/08/2009Reports 2009 Second Quarter Financial Results
07/11/2008Reports 2008 Third Quarter Financial Results
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TORONTO (III.TO)Other OTC (IPMLF)
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