NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES VANCOUVER, British Columbia, April 16, 2026 (GLOBE NEWSWIRE) — IDEX Metals Corp. (“IDEX” or the “Company”) (TSXV: IDEX; OTCQB: IDXMF) is pleased to announce that it has entered into an agreement with Clarus Securities Inc. on behalf of a syndicate of agents (the “Agents”) in connection with a brokered private placement of up to 17,500,000 special warrants of the Company (“Special Warrants”) at a price of $0.40 per Special Warrant (the “Offering Price”) for gross proceeds of up to $7,000,000 (the “Offering”). Each Special Warrant will entitle the holder thereof to acquire, for no additional consideration, one unit of the Company (each, a “Unit”), with each Unit being comprised of one common share in the capital of the Company (a “Common Share”) and one-half of one Common Share purchase warrant (each whole warrant, “Warrant”).
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Brief Summary
VANCOUVER, British Columbia, April 16, 2026 – IDEX Metals Corp. (TSXV: IDEX; OTCQB: IDXMF) has announced a brokered private placement of special warrants. Here are the key details:
- Offer Amount: Up to 17,500,000 special warrants
- Offering Price: $0.40 per special warrant
- Gross Proceeds: Expected up to $7,000,000
- Each special warrant converts into one unit of the Company.
- Unit comprises one common share and one-half warrant.
Why it matters: This financing is a significant step for IDEX as it aims to bolster its capital resources.
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