Ivanhoe Electric Completes Units Offering

Paul, Weiss advised BMO Capital Markets as the underwriter on Ivanhoe Electric Inc.’s $70 million public offering of units, each comprised of one share of common stock and one common stock purchase warrant. Ivanhoe Electric is a U.S.-based minerals exploration and development company. The offering included 11,784,872 units priced at $5.85 per unit.

The Paul, Weiss team included corporate partners Christopher Cummings and Christian Kurtz; tax partner Matthew Jordan and counsel Patrick Karsnitz; and environmental counsel William O’Brien.