Ivanhoe Electric

11:50 AM EST - Ivanhoe Electric : Announced today the closing of its initial public offering of 14,388,000 shares of its common stock at a price of US$11.75 per share. The gross proceeds from the offering were approximately US$169.1 million, before deducting underwriting discounts and commissions and estimated offering expenses payable. The shares commenced trading on the NYSE American and the Toronto Stock Exchange on June 28, 2022 under the ticker symbol “IE”. Ivanhoe Electric shares T.IE are trading -$1.36 at $11.00.

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