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
Upsize
of
Non-Brokered
Private
Placement
of
Units
Vancouver,
B.C.
–
October
22,
2025
–
IDEX
Metals
Corp.
("
IDEX
"
or
the
"
Company
")
(TSXV:
IDEX;
OTCQB:
IDXMF)
is
pleased
to
announce
that
due
to
significant
market
demand,
the
Company
has
increased
the
size
of
its
previously
announced
non-brokered
private
placement
from
$2,000,000
to
$5,320,500.
The
upsized
offering
(the
“
Offering
”)
will
consist
of
up
to
8,867,500
units
of
the
Company
(the
“
Units
”)
at
a
price
of
$0.60
per
Unit
for
aggregate
gross
proceeds
of
up
to
$5,320,500.
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.
The
Company
may
pay
a
finder’s
fee
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.
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
intends
to
use
the
proceeds
from
the
Offering
for
exploration
of
its
mineral
properties
in
the
State
of
Idaho
and
for
general
working
capital.
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
sale
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
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
LEGAL_47849075.1
2
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
expressed
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.
Generally
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,
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.
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