Ivanhoe Electric Subsidiary Cordoba Minerals Corp. Signs Definitive Agreement To Sell Remaining 50% Stake In Alacrán Copper Project In Colombia

Reuters

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May 8 (Reuters) - Ivanhoe Electric Inc ::
*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

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Signs Definitive Agreement To Sell Remaining 50% Stake In Alacrán Copper Project In Colombia\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-08 19:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body>May 8 (Reuters) - Ivanhoe Electric Inc <ie.to>::<br/>*IVANHOE ELECTRIC SUBSIDIARY CORDOBA MINERALS CORP. SIGNS DEFINITIVE AGREEMENT TO SELL REMAINING 50% STAKE IN ALACRÁN COPPER PROJECT IN COLOMBIA<br/>*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<br/>*IVANHOE ELECTRIC INC: US $100 MILLION PURCHASE PRICE REPRESENTS A VALUE PER CORDOBA MINERALS CORP. 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