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April 1, 2015

Imperial Reports 2014 Financial Results


VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 31, 2015) - Imperial Metals Corporation (the "Company") (TSX:III) reports financial results for its fiscal year ended December 31, 2014(*). The Company incurred a net loss for the year ended December 31, 2014 of $37.3 million ($0.50 per share) compared to net income of $41.0 million ($0.55 per share) in 2013. The variation in net income in 2014 compared to 2013 is largely attributable to the reduction in metals production and remediation costs of $67.4 million related to the Mount Polley tailings dam breach. In addition to variances in revenues and income from mine operations described above, variations in net income period over period are also impacted by movements in foreign exchange and realized and unrealized gains and losses on derivative instruments and taxes.




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