Ivanhoe Electric prices 10M share public offering at $15.00 each, net proceeds ~$144M

Ivanhoe Electric Inc.

Offering of 10,000,000 shares of common stock at $15.00 per share; underwriters have 30-day option for additional 1.5 million shares.
Net proceeds expected to be approximately $144 million, or $165 million if option exercised in full.
Proceeds to fund remaining land payments, early development, and exploration at Santa Cruz Copper Project, plus general working capital.
Offering expected to close October 23, 2025; BMO Capital Markets acting as underwriter representative.

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