Imperial Metals Corporation
TSX : III

Imperial Metals Corporation

November 08, 2006 08:30 ET

Imperial Terminates Bid to Acquire bcMetals

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 8, 2006) - Imperial Metals Corporation (TSX:III) has terminated its outstanding bid to acquire all of the issued and outstanding shares of bcMetals Corporation ("bcMetals").

Imperial's decision to terminate is attributable to certain risks and uncertainties arising from the enactment by bcMetals of a poison pill shareholder rights plan.

Subject to regulatory approval, Imperial will honor its commitment to take up all shares previously deposited and not withdrawn under its bid.


Contact Information

  • Imperial Metals Corporation
    Brian Kynoch
    President
    (604) 669-8959
    (604) 687-4030 (FAX)
    or
    Imperial Metals Corporation
    Andre Deepwell
    Chief Financial Officer
    (604) 488-2666
    Email: info@imperialmetals.com
    Website: www.imperialmetals.com