The Prospector News

Ivanhoe Mines Closes US$500 Million Strategic Private Placement with Qatar Investment Authority

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Ivanhoe Mines Closes US$500 Million Strategic Private Placement with Qatar Investment Authority

Ivanhoe Mines Ltd. (TSX: IVN) (OTCQX: IVPAF) announces that the company has closed the private placement offering with Qatar Investment Authority (QIA), as previously announced on September 17, 2025.

In accordance with the offering, Ivanhoe Mines has issued 57,516,666 common shares to QIA at a price of C$12.00 per share. Pursuant to the investor rights agreement between the company and Zijin Mining Group Co. Ltd., Zijin has exercised its right to acquire 8,004,800 common shares of Ivanhoe Mines at the same issue price as QIA to maintain its pro rata equity interest of approximately 12.2% in the company, resulting in additional proceeds to Ivanhoe Mines of approximately US$70 million. CITIC Metal Africa Investments Limited has waived its right to acquire additional shares in Ivanhoe Mines, pursuant to its investor rights agreement.

About Ivanhoe Mines

Ivanhoe Mines is a Canadian mining company focused on advancing its three principal projects in Southern Africa; the Kamoa-Kakula Copper Complex in the DRC, the ultra-high-grade Kipushi zinc-copper-germanium-silver mine, also in the DRC; and the tier-one Platreef platinum-palladium-nickel-rhodium-gold-copper Mine in South Africa, which is set to start production in Q4 2025.

Ivanhoe Mines is exploring for copper in its highly prospective, 54-100% owned exploration licences in the Western Forelands, covering an area over six times larger than the adjacent Kamoa-Kakula Copper Complex, including the high- grade discoveries in the Makoko District. Ivanhoe is also exploring for new sedimentary copper discoveries in new horizons including Angola, Kazakhstan, and Zambia.

Follow Robert Friedland (@robert_ivanhoe) and Ivanhoe Mines (@IvanhoeMines_) on X.

Information contact

Investors

Vancouver: Matthew Keevil +1.604.558.1034

London: Tommy Horton +44 7866 913 207

Media

Tanya Todd +1.604.331.9834

 

About Qatar Investment Authority

Qatar Investment Authority (QIA) is the sovereign wealth fund of the State of Qatar. QIA was founded in 2005 to invest and manage the state reserve funds. QIA is among the largest and most active sovereign wealth funds globally. QIA invests across a wide range of asset classes and regions, as well as in partnership with leading institutions around the world, to build a global and diversified investment portfolio with a long-term perspective that can deliver sustainable returns and contribute to the prosperity of the State of Qatar.

Posted September 30, 2025

Share this news article

MORE or "UNCATEGORIZED"


Silver Bullet Mines Announces Shipment of Commercial Gold/Silver Concentrates, Debt Conversion and Warrant Exercise

Silver Bullet Mines Corp. (TSX-V: SBMI) (OTCQB: SBMCF) is pleased... READ MORE

October 24, 2025

Avalon Announces Closing of Brokered LIFE Financing of Approximately C$18.65 Million to Advance its Rare Earth and Lithium Projects in Canada

Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) is pleas... READ MORE

October 24, 2025

Allied Gold Closes C$175 Million Overnight Marketed Equity Offering

Allied Gold Corporation (TSX: AAUC) (NYSE: AAUC) is pleased to an... READ MORE

October 24, 2025

Pasinex Closes Over-Subscribed Non-Brokered Private Placement

Pasinex Resources Limited (CSE: PSE) (FSE: PNX) is pleased to ann... READ MORE

October 24, 2025

Lion One Announces Closing of Upsized Sidecar Private Placement

Lion One Metals Limited (TSX-V: LIO) (OTCQX: LOMLF) is pleased to... READ MORE

October 24, 2025

Copyright 2025 The Prospector News