Pacific Imperial Announces Closing of Debt Settlement
Vancouver, British Columbia – September 11, 2026 – Pacific Imperial Mines Inc. (TSX.V: PPM) (“Pacific Imperial” or the “Company”) announces that further to its press release dated August 26, 2026 the Company has completed its debt settlements with Chris McLeod (CEO and director of the Company) and Peter Holbek (director of the Company) (collectively, the “Creditors”) to fully settle debt owed by the Company to the Creditors in the aggregate amount of $149,306.59 by issuing an aggregate of 9,953,772 common shares of the Company to the Creditors at a deemed price of $0.015 per common share (the “Debt Settlement”). The shares issued to the Creditors are subject to a hold period expiring January 12, 2027 in accordance with applicable securities laws and the policies of the TSX Venture Exchange. See the press release of the Company dated August 26, 2026 for further details.