06:01 AM EDT, 05/26/2025 (MT Newswires) -- Imperial Metals ( IPMLF ) late on Friday said the TSX accepted the company's notice to make a normal course issuer bid for up to 814,089 common shares, or 0.5% of its issued and outstanding shares as of May 22.

Purchases will be made starting May 28, 2025, until May 27, 2026. Funding for any purchase will be funded using Imperial's working capital.

In the last 12 months, the company has repurchased 217,504 common shares at a volume weighted average price per share of $2.37.

Imperial's share price hit 52-week highs on Friday but ended the trading day 1.6% lower to $4.23 on the TSX.