IDEX Metals Announces Filing of Prospectus Supplement and Automatic Exercise of Special Warrants

Executive Summary

• IDEX Metals Corp. filed a prospectus supplement to qualify the distribution of 20,125,000 units and 1,123,050 broker warrant shares stemming from a private placement completed on May 5, 2026.
• The filing triggers the automatic conversion of special warrants into units effective June 23, 2026, with each warrant converting into one common share and one-half of a common share purchase warrant.
• The release outlines the specific exercise prices and expiration dates for both the common share warrants and the broker warrants issued to agents.

Key Details

• Filing Details: Prospectus Supplement dated June 18, 2026, filed with securities regulators in BC, Alberta, Saskatchewan, Ontario, and New Brunswick.
• Base Prospectus: Final Short Form Base Shelf Prospectus dated June 12, 2026.
• Units Qualified: 20,125,000 Units issuable upon automatic exercise of Special Warrants from the May 5, 2026 offering.
• Conversion Terms: Effective June 23, 2026, each Special Warrant automatically converts into one Unit (comprising one Common Share and one-half of a Common Share Purchase Warrant).
• Common Share Warrant Terms: Each whole warrant is exercisable to acquire one Common Share at an exercise price of $0.60, expiring on May 5, 2028.
• Broker Warrant Shares Qualified: 1,123,050 Common Shares issuable upon exercise of 1,123,050 Broker Warrants issued to Agents.
• Broker Warrant Terms: Each Broker Warrant is exercisable to acquire one Broker Warrant Share at a price of $0.40, expiring on May 5, 2028.
• Governing Agreement: Terms governed by the special warrant indenture dated May 5, 2026, between IDEX Metals and Odyssey Trust Company.