* Ivanhoe Electric (NYSE:IE [https://seekingalpha.com/symbol/IE]) priced [https://seekingalpha.com/pr/20274657-ivanhoe-electric-announces-pricing-and-upsizing-of-public-offering] an underwritten public offering of 10M shares at $15.00 per share.
* The gross proceeds from the offering are expected to be approximately $150M.
* The underwriters have a 30-day option to purchase up to an additional 1.5M shares.
* The offering is expected to close on October 23, 2025.
* Net proceeds from this offering will be used to complete the remaining payments owed from the purchase of land at our Santa Cruz Copper Project in Arizona, to fund early development activities at the Santa Cruz Copper Project, to fund exploration activities at our current projects and joint ventures, and for other working capital and general corporate purposes.
* The stock price traded 5.4% lower on Tuesday during after-market hours of trading.
MORE ON IVANHOE ELECTRIC INC.
* Seeking Alpha’s Quant Rating on Ivanhoe Electric Inc. [https://seekingalpha.com/symbol/IE/ratings/quant-ratings]
* Historical earnings data for Ivanhoe Electric Inc. [https://seekingalpha.com/symbol/IE/earnings]
* Financial information for Ivanhoe Electric Inc. [https://seekingalpha.com/symbol/IE/income-statement]
Ivanhoe Electric prices upsized $150M share offering
Published 2 weeks ago
Oct 22, 2025 at 5:56 AM
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