Imperial Mining Group Ltd. (TSX-V: IPG) (OTCQB: IMPNF) is pleased to announce that it has entered into a Collaboration Agreement with Développement Economique Sept-îles Inc (DESI) to assist with local stakeholders in the Sept Iles area of the Province of Quebec in support of the establishment of Imperial’s scandium, rare earths and scandium-aluminum master alloys facility to be sited within the boundaries of the City of Sept-Iles and to be operated by Imperial using feedstock from its planned mining operations at Crater Lake “The Project”.
Imperial’s President & CEO, Mr. Peter Cashin, “DESI is proving to be an exceptional facilitator with local stakeholders. We are looking forward to a long and productive relationship.”
DESI’s CEO, Mr. Paul Lavoie, “We are excited to assist Imperial with this project, which fits well within the long-term vision of the region to shift from primary transformation toward value-added opportunities in Critical Minerals. Imperial’s project offers an excellent opportunity to integrate the region’s mineral logistics and aluminum’s smelting expertise.”
Under the Agreement, DESI will:
ABOUT IMPERIAL MINING GROUP LTD.
Imperial is a Canadian mineral exploration and development company focused on the advancement of its technology metals projects in Québec. Imperial is publicly listed on the TSX Venture Exchange as “IPG” and on the OTCQB Exchange as “IMPNF” 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.
DÉVELOPPEMENT ECONOMIQUE SEPT-ÎLES INC (DESI)
The mission of “Développement Économique Sept-Îles” is the promotion with investors of the attractions and advantages of the municipality to favour the economic development and to improve the quality of life of Sept-Iles`s citizens. Partnership is the essence of the actions of the managers of DESI as much for the great projects as for those coming from small and medium size business. Thus, the organisation becomes a kick-starter for diversified investments. The organisation’s philosophy is guided by job creation, innovation and economic diversification.
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