IDEX Metals Announces Non-Brokered Private Placement of Units
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED
STATES
IDEX Metals Announces Non-Brokered Private Placement of Units
Vancouver, B.C. – October 15, 2025 – IDEX Metals Corp. ("IDEX" or the "Company") (TSXV:
IDEX; OTCQB: IDXMF) is pleased to announce a non -brokered private placement of up to
3,333,333 units in the capital of the Company (each, a “ Unit”) at a price of $0.60 per Unit, for
gross proceeds of up to $2,000,000 (the “Offering”).
Each Unit will be comprised of one common share in the capital of the Company (a “Share”) and
one-half of one share purchase warrant (each whole warrant, a “ Warrant”). Each Warrant is
exercisable to purchase one additional Share (a “Warrant Share”) for a period of 24 months from
the closing date at an exercise price of $0.90 per Warrant Share.
“Our first round of drilling at the Kismet Target has far exceeded our expectations, and we
continue to be impressed by the scale and intensity of mineralization within the breccia complex,”
said Clayton Fisher, CEO of IDEX Metals. “This small, strategic r aise is designed to limit
shareholder dilution while enhancing our ability to deliver additional catalysts through an
expanded drill campaign. Building on our strong Phase 1 results so far, we’re extending the
current exploration program to follow up on ke y targets and maintain the momentum we’ve built
across the Freeze Project.”
The Company intends to use the proceeds from the Offering for exploration of its mineral
properties in the State of Idaho and for general working capital purposes. Closing of the Offering
is subject to certain customary conditions, including, without limitation, approval of the TSXV. The
securities to be issued under the Offering will be offered by way of private placement in such
provinces or territories of Canada as may be determined by the Company, in each case, pursuant
to applicable exemptions from the prospectus requirements under applicable securities laws.
Securities issued under the Offering will be subject to a hold period which will expire four months
and one day from the date of closing of the Offering.
The Company may pay finder’s fees on the Offering within the maximum amount permitted by the
policies of the TSX Venture Exchange (“ TSXV”). The Company may complete multiple closings
of the Offering, as subscriptions are received. Each closing is subject to a number of conditions,
including receipt of all necessary corporate and regulatory approvals.
The securities referred to in this news release have not been and will not be registered under the
United States Securities Act of 1933, as amended (the “ U.S. Securities Act ”) or any state
securities laws and may not be offered or sold within the United States or to, or for the account or
benefit of, U.S. persons absent registration under the U.S. Securities Act and applicable state
securities laws, unless an exemption from such registration is available. This news release does
not constitute an offer for s ale of securities for sale, nor a solicitation for offers to buy any
securities. Any public offering of securities in the United States must be made by means of a
prospectus containing detailed information about the Company and management, as well as
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financial statements. “United States” and “U.S. person” have the respective meanings assigned
in Regulation S under the U.S Securities Act.
About IDEX Metals Corp.
IDEX Metals Corp. is a mineral exploration company focused on advancing a portfolio of base
and precious metal projects in Idaho, USA. IDEX is primarily focused on the exploration and
development of the Freeze Copper-Gold porphyry prospect located in the newly discovered Idaho
Copper District, Washington County, Idaho. With a strategic land position in a top -tier mining
jurisdiction and surrounded by major industry players, IDEX is committed to redefining district -
scale exploration in Idaho.
For more information, please visit https://idexmetals.com/.
ON BEHALF OF THE BOARD OF DIRECTORS
Clayton Fisher, CEO & Director
For further information regarding IDEX contact:
Investor Relations
1 (604) 260-0356
Cautionary Note Regarding Forward-Looking Statements
Statements contained in this news release that are not historical facts may be forward -looking
statements. These forward-looking statements involve risks, uncertainties and other factors that
could cause actual results to differ materially from those expre ssed or implied by such forward -
looking statements. In addition, the forward -looking statements require management to make
assumptions and are subject to inherent risks and uncertainties. There is significant risk that the
forward-looking statements will not prove to be accurate, that the management’s assumptions
may not be correct and that actual results may differ materially from such forward -looking
statements. Accordingly, readers should not place undue reliance on the forward -looking
statements. Gener ally forward -looking statements can be identified by the use of terminology
such as “anticipate”, “will”, “expect”, “may”, “continue”, “could”, “estimate”, “forecast”, “plan”,
“potential” and similar expressions. These forward-looking statements are based on a number of
assumptions which may prove to be incorrect which, without limiting the generality of the following,
include: risks inherent in exploration activities; the impact of exploration competition; unexpected
geological or hydrological conditions; changes in government regulations and policies, including
trade laws and policies; failure to obtain necessary permits and approvals from government
authorities; volatility and sensitivity to market prices; volatility and sensitivity to capital market
fluctuations; the ability to raise funds through private or public equity financings; environmental
and safety risks including increased regulatory burdens; weather and other natural phenomena;
and other exploration, development, operating, financial market and regulatory risks. The forward-
looking statements contained in this press release are made as of the date hereof or the dates
specifically referenced in this press release, where applicable. Except as required by applicable
securities laws and regulation, IDEX disclaims any intention or obligation to update or revise any
forward-looking statement, whether as a result of new information, future events or otherwise,
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except as required by applicable securities laws. All forward-looking statements contained in this
press release are expressly qualified by this cautionary statement.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined
in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy
of this release.