Ivanhoe Mines Ltd T.IVN

Redemption of $575 Million 2.50% Convertible Senior Notes

[Betteryear2]

Ivanhoe will reduce debt to below $150 million following redemption of the convertible notes

Vancouver, British Columbia--(Newsfile Corp. - April 30, 2024) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) ("Ivanhoe Mines" or the "Company") today announced that it will redeem all of its outstanding 2.50% Convertible Senior Notes due 2026 (the "Notes") on July 11, 2024 (the "Redemption Date") at a price equal to 100% of the principal amount of the Notes redeemed plus accrued and unpaid interest on such Notes to, but not including, the Redemption Date (the "Redemption Price"). As at April 29, 2024, there was US$575 million aggregate principal amount of the Notes outstanding. The Company will settle any conversions solely in Shares, except that any fractional shares that would otherwise be deliverable will be paid out in cash.

Ivanhoe Mines Announces Redemption of $575 Million 2.50% Convertible Senior Notes Due 2026 (newsfilecorp.com)

[nextime]

After the redemption is completed, thinking we go to the NYSE. GLTA

[1student]

nexttime, I had also previously mentioned that eventually Ivanhoe Mines Limited would be listed at the NYSE; and yet, now that the Wallstreet mindset has been shaped by U.S. political objectives specifically against China based companies and investors more so than ever before (see the foreign entities of concern song and dance), I would expect that the share price of what is an in part China

[waiting73]

Great point. The Biopharma industry I work in uses Chinese companies widely for their many outstanding qualities. We are now having to reconsider for the sort of reasons you mention. This will only get worse.

[1student]

waiting73, Thank you. Everybody here would recall that I had been the first to have said it and always will maintain. Long and Strong Ivanhoe Mines Limited. Onward and upward IVANHOE!