BRIEF-Imperial Metals expects 2013 revenues to be in the range of $178 mln to $196 mln

March 3 (Reuters) - Imperial Metals Corp III.TO :

* Reports launch of US$325M senior notes offering and associated financings;

new non-ifrs financial measures; guidance on 2013 annual financial results;

update on red chris project

* Says it intends to offer US$325 million of senior unsecured notes maturing in

2019

* Says intends to enter into a new senior secured credit facility with a

syndicate of banks

* Intends to use proceeds of notes to repay indebtedness, to fund capital

expenditures related to the red chris project

* Sees adjusted EBITDA for 2013 to be in the range of $82 million to $91

million

* Expects revenues to be in the range of $178 million to $196 million for the

year 2013

* Says expects capital expenditures to be approximately $367.0 million to

$405.0 million for year ended December 31, 2013

* New credit facility is expected to be comprised of $50 million tranche, and a

$150 million tranche to be used to fund red chris project costs

* FY 2013 revenue view C$203.9 million -- Thomson Reuters I/B/E/S

* Closing of the offering of the notes and the completion of the new senior

secured credit facility are conditional on one another

* Cost of constructing the red chris mine is now forecast to be $540 million,

up about 8% over December 2012 estimate

* Targeting to commence commissioning of red chris mine in June 2014 and to

achieve full operations in Q4 2014

* Source text for Eikon News Search ID:nCCN5dgMDt

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