<p>Cordoba Minerals Corp., a publicly listed and 60.8% owned subsidiary of Ivanhoe Electric Inc., has amended its agreement to sell its remaining 50% interest in the Alacrán copper-gold-silver deposit in Colombia, along with related exploration properties and certain intercompany receivables, to JCHX Mining Management Co., Ltd. and its affiliates for $128 million. Under the revised terms, Naipu Mining Machinery and Hong Kong Zhongan Industry Development Co., Limited are no longer parties to the deal, the requirement for Environmental Impact Assessment approval has been waived, and a new closing condition requires approval from JCHX shareholders. The closing date has been extended to March 10, 2026, and the full purchase price will be paid at closing, with no post-closing payments. Cordoba has also agreed to use commercially reasonable efforts to distribute the net proceeds to its shareholders, retaining $10 million within the company. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ivanhoe Electric Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-012645), on February 10, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here</p>

Ivanhoe Electric Updates Sale Terms for Cordoba’s Remaining Alacran Copper Project Stake to JCHX for $128 Million