IPG:CC - Imperial Mining Announces New Investor Relations Provider

(TheNewswire)

Montréal, Québec - TheNewswire - November 27,2023 - Imperial Mining Group Ltd. (the “Company” or "Imperial") ( TSXV:IPG ) ( OTC:IMPNF ) is pleased to announce that, effective November 27, 2023,it has engaged Fig House Communications( business name for 2149992 Ontario Ltd.)(“ Fig House ”), to provide investor relationsservices to Imperial. Fig House will act as aninvestor relations consultant to the Company, to help define andexecute the communication and branding strategy, plan investorrelations outreach and participate in direct investorcommunications.

Fig House is a full-service investor relations andcommunications firm with extensive relationships in the investmentindustry and over 25 years of combined industry experience. Fig Houseis broad-based with connections spanning across a global network.Rebecca Greco, Fig House's Principal, will directly manageImperial’s investor relations. Rebecca is an accomplished corporatecommunications professional with over 15 years experience working withboth private and public companies in the resource, technology(including biotech) and aerospace sectors. She has worked in Canadaand in the UK. She has managed rebranding campaigns, providedstrategic and project leadership to management, publishedsubscription-based research and spearheaded multiple investorrelations programs on a global scale.

“In our press release dated October 25, 2023, Ireferenced that the Company was working on a new investor relationsprogram.  Hiring Fig House is an important step in creating this newIR program.” Said Pierre Neatby, President and CEO of Imperial “Iam looking forward to with Rebecca on the program and sharing thatwith the market as we move forward.”

The investor relations services agreement (the“ IR Agreement ”) withFig House has a term of 6 months from the effective date and may beterminated by the parties at any time, without cause, upon sixty (60)days prior written notice. The IR Agreement is renewable, upon mutualconsent of the parties, for successive six (6) months terms. Fig Housewill be paid by Imperial a monthly retainer of C$7,500.00, plusapplicable taxes. Effective as of today, Fig House has also beengranted 175,000 stock options at a price of $0.09 per share for aperiod of five years (the “ Options ”), the whole in accordance with thecurrent stock option plan of the Company and Policy 3.4 of the TSXV.As such, the Options will expire ninety (90) days following thetermination of the IR Agreement and vest according to the followingvesting schedule: 25% shall vest immediately upon issue; 25% shallvest upon the date that is 6 months from the date of issue; 25% shallvest upon the date that is 12 months from the date of issue; and theremaining 25% shall vest upon the date that is 18 months from the dateof issue. The IR Agreement as well as the professional engagement feesand the grant of Options remain subject to approval by theTSXV.

Rebecca Greco and Fig House aredealing at arm’s length with the Company and, with the exception ofthe Options granted and the IR Agreement, have no interest, direct orindirect, in the Company or its securities and have no currentintention of acquiring such interest. RebeccaGreco is the sole director and shareholder of Fig House.

ABOUTIMPERIAL MINING GROUP LTD.

Imperial is a Canadian technologymetals company focused on advancing its flagship Crater Lake scandiumand rare earth  projects in Québec. Imperial is publicly listed onthe TSX Venture Exchange as “IPG” and on the OTCQB Exchange as“IMPNF” and is led by anexperienced team of mineral development professionals.

For further information pleasecontact:

Website: www.imperialmgp.com Twitter: @imperial_mining Facebook:

Neither TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in the policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release.

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