Ivanhoe Electric amends JV with Maaden; exploration term extended to 2033, JV can now hold licenses directly

Ivanhoe Electric Inc.

Joint Venture can now acquire exploration and mining licenses directly (Joint Venture Land), not only through Maaden.
Exploration term extended from 5 to 10 years, now expiring July 6, 2033.
Technical committee gets more authority to reallocate funds within approved budget and approve non-material program amendments.
Shareholders may pursue land individually if JV declines, with no risk/benefit to JV.
Certain shareholder loans to cover funding shortfalls now repaid in priority.

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