Ivanhoe Electric terminates cost-sharing agreement with affiliates, effective Oct 31, 2025

Ivanhoe Electric Inc.

Terminated participation in Cost Sharing Agreement with GMM BVI and GMM Corp effective October 31, 2025.
Agreement originally dated 2013; Ivanhoe joined in 2021; notice given on August 29, 2025.
GMM Corp is partly owned by Ivanhoe's Executive Chairman; agreement covered shared admin, finance, IT services.
Ivanhoe assumes full responsibility for provision of these services internally going forward.

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