(NASDAQ:III) VANCOUVER, British Columbia, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (TSX:III) (the “Company” or “Imperial”) announces that the Xatśūll First Nation (“Xatśūll”) has filed a notice of appeal (the “Notice”) today seeking an order overturning Justice Tammen’s August 6, 2025 dismissal of Xatśūll’s petition for judicial review (the “Petition”). The petition related to the Consent for Material Alteration decision issued by the Minister of Mining and Critical Minerals (“MCM”) and Minister of Environment and Parks on March 27, 2025, and the decision of the MCM’s Major Mines Office Deputy Chief Permitting Officer, also on March 27, 2025, to amend the Mount Polley mine’s Mines Act Permit approving construction of the tailings storage facility (“TSF”) raise to 974m (the “Decisions”). Xatśūll also seeks, among other declaratory relief, an order to quash the Decisions and grant the Petition.
Related Questions
How might the appeal and potential quashing of the TSF raise decision affect Imperial Metals' project timeline and associated capital expenditures?
What is the likelihood of the appeal succeeding and how could that influence the risk profile and valuation of TSX:III?
When can we expect a resolution of the judicial review, and what impact could the outcome have on the stock’s short‑term price movement?