Chris Thompson interviews Imperial Mining Group Ltd.‘s (TSXV: IPG | OTCQB: IMPNF) CEO and President Peter Cashin about an update on their Crater Lake Project in Quebec. Speaking about their newly discovered high-grade scandium zone, Peter explains how the discovery will positively impact the economics of the Crater Lake Project.
Peter goes on to provide an update on their collaboration agreement with Développement Economique Sept-îles Inc to establish Imperial Mining’s scandium, rare earths and scandium-aluminum master alloys facility within the boundaries of the City of Sept-Iles. Recognized as a critical mineral in the US, Canada, Australia, and EU, Peter discusses how adding very small quantities of scandium to aluminum increases strength by up to 800%. Peter also provides an update on Imperial Mining’s recently closed private placement which added new high net worth international investors as shareholders.
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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.
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This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.
Any projections given are principally intended for use as objectives and are not intended, and should not be taken, as assurances that the projected results will be obtained by the Company. The assumptions used may not prove to be accurate and a potential decline in the Company’s financial condition or results of operations may negatively impact the value of its securities. Prospective investors are urged to review the Company’s profile on Sedar.com and to carry out independent investigations in order to determine their interest in investing in the Company.
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