Core Viewpoint - Ivanhoe Electric plans to raise US$125 million through an underwritten public offering of common stock, with an additional option for underwriters to purchase up to US$18.75 million more [1][2]. Group 1: Offering Details - The offering is subject to market conditions and there is no assurance regarding its completion or the actual size and terms [1]. - The net proceeds will be used for payments related to the Santa Cruz Copper Project, early development activities, exploration activities, and general corporate purposes [2]. Group 2: Underwriters - BMO Capital Markets is the lead book-running manager, with J.P. Morgan and National Bank of Canada Capital Markets also serving as book-running managers [3]. Group 3: Regulatory Filings - A registration statement on Form S-3 has been filed with the U.S. Securities and Exchange Commission, which was declared effective on July 10, 2023 [4]. - A final base prospectus has been filed in Canada, excluding Québec, under the multi-jurisdictional disclosure system [5]. Group 4: Company Overview - Ivanhoe Electric focuses on advanced mineral exploration technologies and electric metals exploration projects, primarily in the U.S., with a significant project being the Santa Cruz Copper Project in Arizona [7]. - The company also has a joint venture with Saudi Arabian Mining Company Ma'aden to explore minerals in the Arabian Shield [7].