Imperial Begins Trading on the OTCQB Venture Market

Rhea-AI Summary

Imperial Mining Group Ltd. (OTCQB: IMPNF) has begun trading on the OTCQB Venture Market. This milestone offers U.S. investors access to its financial disclosures and quotes. The company's president highlighted the importance of this step for enhancing U.S. investment opportunities. Imperial plans to initiate a $2.0 million exploration program for its Crater Lake scandium-rare earth project in Quebec. The company aims to leverage the growing recognition of scandium-modified aluminum alloys in various industries.

Positive

• Qualified to trade on OTCQB, increasing visibility among U.S. investors.
• Plans to undertake a $2.0 million exploration program on Crater Lake project.

Negative

• None.

MONTREAL, March 05, 2021 (GLOBE NEWSWIRE) -- Imperial Mining Group Ltd. ("Imperial") (TSX VENTURE: IPG ; OTCQB: IMPNF) today announced that it has qualified to trade on the OTCQB® Venture Market, operated by OTC Markets Group Inc.

Imperial Mining Group begins trading today on OTCQB under the symbol “IMPNF”. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

“On behalf of everyone at OTC Markets Group, we’re delighted to approve and welcome Imperial Mining Group to trade on the OTCQB Venture Market,” said Chris King, Senior Vice-President, Corporate Services. “Gaining access to the broader US investor and broker community is a critical step for Imperial Mining. We look forward to helping them deliver on their corporate objectives and greater US investor access.”

“Trading on the OTCQB Venture Market is an important milestone for Imperial as it provides US investors with a pathway to invest and participate in the Imperial Mining Group story,” said Peter J Cashin, Imperial’s President and CEO. “We recently announced our intent to undertake a $2.0 million exploration program on our high-grade Crater Lake scandium-rare earth project in Quebec, Canada and will provide timely updates on these activities. The recognition by major US manufacturers in the automotive, aerospace, and defense sectors that scandium-modified aluminum alloy materials are critical inputs into their platforms is an important development. This is particularly so, given the strength of Quebec’s aluminum industry, that these next generation lightweight alloys will become an important value-added product for the province’s aluminum industry.”

Securities Law USA, PLCC, acted as the company’s OTCQB sponsor.

ABOUT OTC MARKETS GROUP INC.

OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX Best Market, the OTCQB Venture Market and the Pink Open Market for 11,000 U.S. and global securities. Through OTC Link ATS and OTC Link ECN, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.

To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

OTC Link ATS and OTC Link ECN are SEC regulated ATSs, operated by OTC Link LLC, member FINRA/SIPC.

Media Contact: OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

ABOUT IMPERIAL MINING GROUP LTD.

Imperial is a Canadian mineral exploration and development company focussed on the advancement of its technology metals opportunities in Québec. Imperial is publicly listed on the TSX Venture Exchange as “IPG” 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.

For further information please contact:

Peter J. Cashin	CHF Capital Markets
President and Chief Executive Officer	Iryna Zheliasko, Manager-Corporate Communications
Phone: +1 (514) 360-0571	Phone: +1 (416) 868-1079 x229
Email: info@imperialmgp.com	Email: iryna@chfir.com

Website: www.imperialmgp.com                    Twitter: @imperial_mining                    Facebook: Imperial Mining Grou

FAQ

What does the OTCQB Venture Market mean for Imperial Mining Group (IMPNF)?

Trading on the OTCQB Venture Market increases Imperial Mining Group's visibility and access to a broader U.S. investor base.

What exploration program is Imperial Mining Group initiating in 2021?

Imperial Mining Group plans to begin a $2.0 million exploration program focused on its Crater Lake scandium-rare earth project in Quebec.

Why is scandium important for U.S. industries according to Imperial Mining Group?

Scandium-modified aluminum alloys are becoming critical inputs for U.S. manufacturers in sectors like automotive, aerospace, and defense.

When did Imperial Mining Group start trading on the OTCQB under IMPNF?

Imperial Mining Group started trading on the OTCQB under the symbol IMPNF on March 5, 2021.