Imperial Mining Group Ltd. announced a non-brokered private placement of 10,200,000 flow-through shares at a price of CAD 0.10 per share for the gross proceeds of CAD 1,020,000 on December 21, 2023. As a part of the transaction, the company paid finders? fees for a total of CAD 51,000 in cash to finders, which were all at arms?

length with the Company. All securities issued pursuant to the Offering are subject to the applicable statutory hold period of four (4) months and one (1) day from the closing date. The Offering is subject to the final approval of the TSX Venture Exchange.

The transaction included participation from seven placees and three insiders for 350,000 shares .