IDEX Metals Announces Filing of Preliminary Short Form Base Shelf Prospectus and Technical Report on the Freeze Property

Executive Summary

• IDEX Metals Corp. has filed a preliminary short form base shelf prospectus with Canadian securities commissions to establish financing flexibility for future capital raises.
• The company also filed a NI 43-101 technical report for its Freeze Property, authored by its Vice-President of Exploration.
• The prospectus filing will be used to qualify the distribution of common shares and warrants resulting from a previously completed $8.05M brokered private placement.

Key Details

• Filed preliminary short form base shelf prospectus across all Canadian provinces and territories.
• Shelf prospectus provides financing flexibility for up to $50,000,000 in common shares, warrants, subscription receipts, debt securities, or any combination thereof.
• The shelf will remain effective for a 25-month period upon the final prospectus becoming effective.
• Specific terms for any future offerings will be detailed in prospectus supplements filed with applicable Canadian securities regulatory authorities.
• No certainty exists that any securities will be offered or sold under the shelf prospectus during the 25-month period.
• Previously completed brokered private placement (May 5, 2026): 20,125,000 special warrants at $0.40 per warrant, generating $8,050,000 in aggregate gross proceeds.
• Each special warrant is exercisable into one unit (comprising one common share and one-half of one common share purchase warrant) at no additional consideration.
• Company intends to file the final shelf prospectus and a prospectus supplement to qualify the distribution of shares and warrants from the private placement as soon as possible.
• Filed NI 43-101 technical report titled “Technical Report for the Freeze Property” on SEDAR+.
• Technical report authored by David Hladky, P. Geo, Vice-President of Exploration.

Notable Quotes

• Clayton Fisher, CEO: “The filing of the Preliminary Shelf Prospectus is a proactive step intended to strengthen IDEX’s capital markets readiness. The preparation and review process provides an additional level of technical, legal and financial review of the Company’s disclosure, while giving IDEX greater financing flexibility should the need arise. Importantly, the prospectus does not require IDEX to issue securities; rather, it provides a framework that will allow the Company to respond quickly to future opportunities and capital requirements as they emerge.”