IDEX Metals Raises US$5.47 Million (C$8.05 Million) Through Brokered Special Warrants Financing

IDEX Metals Corp. has completed a US$5.74 Million (C$8.05 Million) brokered private placement of 20,125,000 special warrants priced at US$0.29 (C$0.40) each with Clarus Securities Inc. acting as lead agent and bookrunner alongside a syndicate of agents.

Following the financing, the company filed a short form base shelf prospectus and a corresponding prospectus supplement to qualify the distribution of the securities issued upon the automatic exercise of the special warrants. Each resulting unit comprises one common share and one-half of a common share purchase warrant exercisable until May 2028.

The financing supports IDEX's strategy to advance its portfolio of base and precious metals exploration projects in Idaho, United States, reinforcing its exploration programme amid continued demand for critical mineral resources.

Advisory Team:

Miller Thomson LLP

Andrew Powers

Jeffrey Gebert

Connor Broude

Calvin Wang

Kobi Rosoph

Sean Kim