*IVANHOE ELECTRIC SUBSIDIARY CORDOBA MINERALS CORP. SIGNS DEFINITIVE AGREEMENT TO SELL REMAINING 50% STAKE IN ALACRÁN COPPER PROJECT IN COLOMBIA
*IVANHOE ELECTRIC INC: INITIAL CASH PROCEEDS OF US $88 MILLION TO BE PAID ON CLOSING WITH AN ADDITIONAL US $12 MILLION PAID UPON COMMERCIAL PRODUCTION
*IVANHOE ELECTRIC INC: US $100 MILLION PURCHASE PRICE REPRESENTS A VALUE PER CORDOBA MINERALS CORP. COMMON SHARE OF US $1.10 OR CDN $1.52
*IVANHOE ELECTRIC :ANTICIPATES RECEIVING CASH DISTRIBUTION OF OVER US $40 MILLION FROM INITIAL PROCEEDS
*IVANHOE ELECTRIC INC - CORDOBA MINERALS TO SELL 50% INTEREST FOR UP TO $128 MILLION - SEC FILING
((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 08-MAY-202511:26:52 GMT