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IDEX Metals Announces Non-Brokered Private Placement of Units
Thenewswireยท2025-10-15 21:00

Core Points - IDEX Metals Corp. announced a non-brokered private placement of up to 3,333,333 units at a price of $0.60 per unit, aiming for gross proceeds of up to $2,000,000 [1][3] - Each unit consists of one common share and one-half of a share purchase warrant, with each whole warrant exercisable at $0.90 for a period of 24 months [2][3] - The proceeds will be used for exploration of mineral properties in Idaho and for general working capital [3] Company Overview - IDEX Metals Corp. is focused on advancing a portfolio of base and precious metal projects in Idaho, particularly the Freeze Copper-Gold porphyry prospect [6] - The company is positioned in a top-tier mining jurisdiction and is surrounded by major industry players, aiming to redefine district-scale exploration in Idaho [6]