IDEX Metals Announces Filing of Final Base Shelf Prospectus

Executive Summary

• IDEX Metals Corp. has filed a final short form base shelf prospectus with Canadian securities commissions, establishing a framework to offer up to $50 million in various securities over a 25-month period.
• The release recaps a brokered private placement completed on May 5, 2026, consisting of 20,125,000 special warrants priced at $0.40 each, generating $8.05 million in gross proceeds.
• The company intends to file a prospectus supplement to qualify the distribution of common shares and warrants that will be issued upon the exercise of the special warrants.

Key Details

• Filed a final short form base shelf prospectus with securities commissions across all Canadian provinces and territories.
• Shelf prospectus authorizes future offerings of up to $50,000,000 in common shares, warrants, subscription receipts, debt securities, or any combination thereof.
• The shelf prospectus will remain effective for a 25-month period.
• Future specific offering terms will be outlined in prospectus supplements filed with applicable Canadian securities regulatory authorities.
• Brokered private placement completed on May 5, 2026: 20,125,000 special warrants issued at $0.40 per special warrant.
• Aggregate gross proceeds from the private placement totaled $8,050,000.
• 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 plans to file a prospectus supplement to the final shelf prospectus to qualify the distribution of common shares and warrants upon exercise of the special warrants.