Ivanhoe Electric proposes US$125M stock offering; updates cash position and JV exploration licenses

Ivanhoe Electric Inc.

Proposed US$125M underwritten public offering of common stock; preliminary prospectus filed October 21, 2025.
Cash and equivalents $69.3M as of Sept 30, 2025; $16.4M restricted in non-wholly-owned subsidiaries.
Maaden JV expanded by 1,345 sq km of exploration licenses under 50/50 joint venture (per Sept 4 press release).
Amendment #2 to Shareholders' Agreement adding new exploration licenses in Najran and Wadi Ad Dawasir regions.

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