Unregistered Sales of Equity Securities and Use of Proceeds.
−Removed: Unregistered Sales of Equity Securities for the Three Months Ended March 31, 2024
−Removed: During the three months ended March 31, 2024, we have issued and sold the securities described below without registering the securities under the Securities Act.
−Removed: On February 6, 2024, we issued 116,413 shares of our common stock pursuant to the Plan or Arrangement (the “Arrangement”) between the Company and Kaizen.
−Removed: We issued the shares without registration in reliance upon Section 3(a)(10) of the Securities Act.
−Removed: Immediately prior to the closing of the Arrangement, the Company beneficially owned 54,428,971 common shares of Kaizen, representing 82.54% of the issued and outstanding common shares on a non-diluted basis.
−Removed: Following the closing of the Arrangement, the Company owns 69,229,659 common shares of Kaizen, representing 100% of the issued and outstanding common shares on a fully diluted basis.
−Removed: Effective February 6, 2024, Kaizen is now a wholly-owned subsidiary of the Company.
−Removed: The Company acquired the common shares of Kaizen in consideration for the issuance of one share of common stock of the Company for every 127 common shares of Kaizen issued and outstanding immediately prior to the closing of the Arrangement.
−Removed: On February 21, 2024, we issued 12,765 shares of our common stock at a price of $11.75 per share to Exiro Minerals USA Corp.
−Removed: as partial consideration for the right to earn in on the White Hill Copper Project.
−Removed: The issuance of the above securities was exempt pursuant to Section 4(a)(2) of the Securities Act, as transactions by an issuer not involving a public offering.
−Removed: The Company entered into a definitive Option Agreement with Golden Arrow Mining Corporation (GAMC) on February 29, 2024, pursuant to which the Company has the option of acquiring all of GAMC’s right, title and interest in and to the New York Canyon Project until August 1, 2025.
−Removed: If the Company exercises the option, it shall grant US$1 million in shares of Company common stock at a price equal to the higher of $13.50 per share and the 30-day volume weighted average price determined on the date of the exercise, subject to stock exchange rules, for a maximum of 74,074
−Removed: The issuance of the above securities is subject to the Company electing to exercise the option and will be exempt pursuant to Section 4(a)(2) of the Securities Act, as a transaction by an issuer not involving a public offering
−Removed: 10.1 Amendment #2 to Shareholders’ Agreement in Respect of Ma’aden Ivanhoe Electric Exploration and Development Limited Company dated January 1, 2024 (incorporated by reference to Exhibit 10.21 to the Company’s Annual Report on Form 10-K filed with the SEC on February 26, 2024)
+Added: Unregistered Sales of Equity Securities for the Three Months Ended June 30, 2024
+Added: There were no unregistered sales of equity securities during the three months ended June 30, 2024.
+Added: 10.1 Annual Compensation Letter – Robert Friedland (incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on May 9, 2024).
+Added: 10.2## Exploration Alliance Agreement dated May 7, 2024 (incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on May 8, 2024).
+Added: 10.3* Computational Geosciences Inc.
+Added: Amended & Restated 2011 Incentive Stock Option Plan.
31.1* Certification of Principal Executive Officer Pursuant to Rules 13a-14(a) and 15d-14(a) under the Exchange Act, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
12 unchanged sentences
* Filed herewith.
+Added: ## Certain schedules or portions thereof are omitted pursuant to Item 601(a)(5) of Regulation S-K.
+Added: The Company agrees to provide on a supplemental basis a copy of any omitted schedule to the U.S.
+Added: Securities and Exchange Commission or its staff upon request.
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
+Added: August 7, 2024
/s/ Taylor Melvin
2 unchanged sentences
(Principal Executive Officer)
+Added: August 7, 2024
/s/ Jordan Neeser
3 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.