Ivanhoe Electric Inc. Enters Material Definitive Agreement

TL;DR

Ivanhoe Electric signed a big deal, creating new financial obligations.

AI Summary

Ivanhoe Electric Inc. entered into a material definitive agreement on December 12, 2025. This agreement also creates a direct financial obligation for the registrant. The filing was made on December 15, 2025, and is related to financial statements and exhibits.

Why It Matters

This filing indicates a significant new contract or financial commitment for Ivanhoe Electric Inc., which could impact its financial obligations and future operations.

Risk Assessment

Risk Level: medium — Entering into material definitive agreements and creating financial obligations can introduce new risks related to performance, financing, and market conditions.

Key Players & Entities

• Ivanhoe Electric Inc. (company) — Registrant
• December 12, 2025 (date) — Date of earliest event reported
• December 15, 2025 (date) — Filing date

FAQ

Key Financial Figures

• $0.0001 — h registered Common Stock, par value $0.0001 per share IE NYSE American Indicat
• $200,000,000 — y") in an aggregate principal amount of $200,000,000. The Facility is intended to support th
• $225,000,000 — wo hundred twenty-five million Dollars ($225,000,000), (iii) the Company pledged its shares
• $15,000,000 — ed in the Credit Agreement) of at least $15,000,000. The Credit Agreement also includes cus

Filing Documents

• tm2533430d1_8k.htm (8-K) — 34KB
• tm2533430d1_ex10-1.htm (EX-10.1) — 614KB
• tm2533430d1_ex99-1.htm (EX-99.1) — 23KB
• tm2533430d1_ex99-1img001.jpg (GRAPHIC) — 4KB
• tm2533430d1_ex99-1img002.jpg (GRAPHIC) — 1KB
• tm2533430d1_ex99-1img003.jpg (GRAPHIC) — 1KB
• 0001104659-25-121192.txt ( ) — 983KB
• ie-20251212.xsd (EX-101.SCH) — 3KB
• ie-20251212_lab.xml (EX-101.LAB) — 33KB
• ie-20251212_pre.xml (EX-101.PRE) — 22KB
• tm2533430d1_8k_htm.xml (XML) — 4KB

01

Item 1.01 Entry into a Material Definitive Agreement. On December 12, 2025 (the "Effective Date"), Ivanhoe Electric Inc.'s (the "Company") wholly-owned subsidiary Mesa Cobre Holding Corporation (the "Borrower") entered into a credit agreement (the "Credit Agreement"), by and among the Borrower, National Bank of Canada, as administrative agent ("Administrative Agent") and collateral agent ("Collateral Agent") for the lenders, and each of the lenders party thereto from time to time, which currently includes National Bank of Canada, Socit Generale, and Bank of Montreal. The Credit Agreement provides for a secured delayed-draw term loan facility (the "Facility") in an aggregate principal amount of $200,000,000. The Facility is intended to support the development and construction of the Santa Cruz Copper Project in Pinal County, Arizona. Outstanding amounts under the Facility will bear interest based on the Borrower's election, either at (i) the forward-looking term rate based on the Secured Overnight Financing Rate administered by the Federal Reserve Bank of New York ("Term SOFR") plus the Applicable SOFR Rate (as defined below) or (ii) the alternate base rate defined as the highest of (a) the rate of interest last quoted by The Wall Street Journal as the "prime rate" in the U.S., (b) the federal funds rate plus 0.50%, and (c) one-month Term SOFR plus 1.00%, plus the Applicable ABR Rate (as defined below). Default interest is the applicable rate plus 2.00% per annum. "Applicable SOFR Rate" means (i) from the Effective Date and until (and including) June 30, 2026, 5.00% per annum, (ii) from (but excluding) June 30, 2026 and until (and including) December 31, 2026, 5.50% per annum, (iii) from (but excluding) December 31, 2026 and until (and including) June 30, 2027, 6.00% per annum, and (iv) thereafter, 6.50% per annum. "Applicable ABR Rate" means (i) from the Effective Date and until (and including) June 30, 2026, 4.00% per annum, (ii) from (but excluding) June 30, 2

03

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated by reference herein.

01

Item 7.01 Regulation FD Disclosure. A copy of the Company's press release dated December 15, 2025, relating to the announcement of the Borrower securing the Facility, is furnished as Exhibit 99.1 to this Form 8-K. The information contained in this Item 7.01 and Exhibit 99.1 hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any other filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1## Credit Agreement dated as of December 12, 2025 between Mesa Cobre Holding Corporation, as Borrower, National Bank of Canada as Administrative Agent and Collateral Agent and the Lenders party thereto. 99.1 Press Release dated December 15, 2025 104 Cover Page Interactive Data File (embedded with the inline XBRL document) ## Certain schedules or portions thereof are omitted pursuant to Item 601(a)(5) of Regulation S-K. The Company agrees to provide on a supplemental basis a copy of any omitted schedule to the U.S. Securities and Exchange Commission or its staff upon request.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. IVANHOE ELECTRIC INC. Date: December 15, 2025 By: /s/ Taylor Melvin Taylor Melvin President and Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR