Ivanhoe Electric Subsidiary Cordoba Minerals Sets $1.01-Per-Share Cash Distribution

Reuters03-13
Ivanhoe Electric Subsidiary Cordoba Minerals Sets $1.01-Per-Share Cash Distribution

Ivanhoe Electric said its 59.6%-owned subsidiary, Cordoba Minerals Corp., will distribute cash to Cordoba shareholders following the sale of its remaining 50% interest in Colombia’s Alacrán Project for $128 million. Ivanhoe Electric, which owns 57,855,427 Cordoba shares, expects to receive about $58.4 million from the distribution, with Cordoba set to pay $1.01 per share to shareholders of record on March 20, 2026, and payment expected on or about March 25, 2026.

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 on March 13, 2026, and is solely responsible for the information contained therein.

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