1. Limited Resources: Imperial Mining Group Ltd has limited financial resources compared to its peers, which may limit its ability to invest in new projects or expand its operations.

2. Small Market Capitalization: The company has a relatively small market capitalization compared to its peers, which may make it less attractive to investors and limit its ability to raise capital.

3. Lack of Diversification: Imperial Mining Group Ltd is primarily focused on the exploration and development of mineral properties in Canada, which may limit its ability to diversify its operations and reduce its exposure to market risks.

4. Limited Track Record: The company has a limited track record of successful exploration and development projects, which may make it less attractive to investors and limit its ability to attract new partners or joint venture opportunities.

5. Dependence on Key Personnel: Imperial Mining Group Ltd is heavily dependent on the expertise and experience of its key personnel, which may pose a risk to the company if any of these individuals were to leave or become unavailable.

6. Regulatory Risks: The mining industry is subject to a range of regulatory risks, including environmental regulations, permitting requirements, and government policies, which may impact the company's ability to operate and develop its projects.

7. Market Volatility: The mining industry is subject to significant market volatility, which may impact the company's ability to secure financing, attract investors, or generate revenue from its operations.