Imperial Metals (TSX: III) reports comparative financial results for the three and nine months ended September 30, 2016 and 2015 as summarized in this release and discussed in detail in the Management’s Discussion & Analysis (“MD&A”). The Company’s financial results are prepared in accordance with International Financial Reporting Standards (“IFRS”). The reporting currency of the Company is the Canadian (“CDN”) Dollar.

expressed in thousands, except per share amounts Three Months Ended September 30 Nine Months Ended September 30
2016 2015 2016 2015
Revenues $ 97,108 $ 55,928 $ 350,093 $ 59,187
Income (loss) from mine operations $ (2,123 ) $ 7,578 $ 38,376 $ 2,884
Equity loss in Huckleberry $ (2,346 ) $ (800 ) $ (8,019 ) $ (767 )
Net loss $ (20,589 ) $ (29,344 ) $ (7,020 ) $ (61,084 )
Net loss per share $ (0.25 ) $ (0.37 ) $ (0.09 ) $ (0.80 )
Adjusted net loss (1) $ (19,710 ) $ (9,379 ) $ (19,725 ) $ (26,762 )
Adjusted net loss per share (1) $ (0.24 ) $ (0.12 ) $ (0.24 ) $ (0.35 )
Adjusted EBITDA(1) $ 14,380 $ 13,781 $ 99,046