To: Goose94 who wrote (3257 ) 5/20/2014 6:38:57 PM From: Goose94 Read Replies (1) | Respond to of 203330 Ivanhoe Mines (IVN-T) May 20, '14 has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, Canadian Imperial Bank of Commerce and Macquarie Capital Market Canada Ltd., under which the underwriters have agreed to buy, on a bought-deal basis, by way of a short-form prospectus, 83,334,000 units, each unit consisting of one Class A common share and one common share purchase warrant, at a price of $1.50 per unit, for gross proceeds of $125,001,000. Each whole common share purchase warrant will entitle the holder to purchase one common share of the company at a price of $1.80 prior to the date which is 18 months following the closing of the offering. The company has granted the underwriters an option, exercisable at the offering price for a period of 30 days following the closing of the offering, to purchase up to an additional 15 per cent of the offering to cover overallotments, if any. The offering is expected to close on or about June 10, 2014, and is subject to the company receiving all necessary regulatory approvals. Concurrent with the offering, the company will complete a private placement, pursuant to which Robert Friedland will purchase approximately $25-million of units on the same terms and conditions as the public offering. The company has also granted Mr. Friedland an option to purchase up to 15 per cent of the units he purchases in the concurrent private placement if, and to the extent, the underwriters exercise their overallotment option in whole or in part. Such option will be on the same terms and conditions, including price and amount exercised, as the overallotment option, and will expire 30 days following the closing of the offering. The net proceeds of the offering will be used for the advancement of, and predevelopment activities at, the Kamoa and Kipushi projects, and for general corporate purposes. The units will be offered by way of a short-form prospectus in all of the provinces and territories of Canada.