IVN Ivanhoe Mines Ltd

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES


Ivanhoe Mines Ltd. (TSX:IVN) (the "Company" or "Ivanhoe") announced today that
it has entered into an agreement with a syndicate of underwriters led by BMO
Capital Markets, CIBC 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 (the "Units"), each Unit consisting of one class A
common share ("Common Shares") and one Common Share purchase warrant, at a price
of C$1.50 per Unit for gross proceeds of C$125,001,000 (the "Offering"). Each
whole Common Share purchase warrant will entitle the holder to purchase one
Common Share of the Company at a price of C$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%
of the Offering to cover over-allotments, 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 C$25 million of
Units on the same terms and conditions as the public Offering (the "Concurrent
Private Placement"). The Company has also granted Mr. Friedland, an option to
purchase up to 15% of the Units he purchases in the Concurrent Private Placement
if, and to the extent, the Underwriters exercise their over-allotment option in
whole or in part. Such option will be on the same terms and conditions,
including price and amount exercised, as the over-allotment 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
pre-development 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. 


This news release shall not constitute an offer to sell or the solicitation of
an offer to buy nor shall there be any sale of the securities in the United
States or in any other jurisdiction in which such offer, solicitation or sale
would be unlawful. The securities have not been registered under the U.S.
Securities Act of 1933, as amended, and may not be offered or sold in the United
States absent registration or an applicable exemption from the registration
requirements thereunder.


About Ivanhoe Mines Ltd.

Ivanhoe Mines, with offices in Canada, the United Kingdom and South Africa, is
advancing and developing its three principal projects:




--  The Kamoa copper discovery in a previously unknown extension of the
    Central African Copperbelt in the DRC's Province of Katanga. 
--  The Platreef Discovery of platinum, palladium, nickel, copper, gold and
    rhodium on the Northern Limb of the Bushveld Complex in South Africa. 
--  The historic, high-grade Kipushi zinc, copper and germanium mine, also
    on the Copperbelt in the DRC, being drilled and upgraded following an
    18-year care-and-maintenance program that ended when Ivanhoe acquired
    its majority interest in the mine in 2011. 



Ivanhoe Mines also is evaluating other opportunities as part of its objective to
become a broadly based, international mining company.


CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS

Certain statements in this release constitute "forward-looking statements" or
"forward-looking information" within the meaning of applicable securities laws,
including without limitation, the completion of the offering of units described
herein, and the completion of the private placement to Robert Friedland. Such
statements involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of the company,
or industry results, to be materially different from any future results,
performance or achievements expressed or implied by such forward-looking
statements or information. Such statements can be identified by the use of words
such as "may", "would", "could", "will", "intend", "expect", "believe", "plan",
"anticipate", "estimate", "scheduled", "forecast", "predict" and other similar
terminology, or state that certain actions, events or results "may", "could",
"would", "might" or "will" be taken, occur or be achieved. These statements
reflect the company's current expectations regarding future events, performance
and results and speak only as of the date of this release.


Forward-looking statements involve significant risks and uncertainties, should
not be read as guarantees of future performance or results, and will not
necessarily be accurate indicators of whether or not such results will be
achieved. A number of factors could cause actual results to differ materially
from the results discussed in the forward-looking statements, including, but not
limited to, the factors discussed here, as well as unexpected changes in laws,
rules or regulations, or their enforcement by applicable authorities; the
failure of parties to contracts with the company to perform as agreed; the
occurrence of a material adverse change, or failure to obtain any regulatory
approval or to meet any condition of the Offering.


Although the forward-looking statements contained in this release are based upon
what management of the company believes are reasonable assumptions, the company
cannot assure investors that actual results will be consistent with these
forward-looking statements. These forward-looking statements are made as of the
date of this release and are expressly qualified in their entirety by this
cautionary statement. Subject to applicable securities laws, the company does
not assume any obligation to update or revise the forward-looking statements
contained herein to reflect events or circumstances occurring after the date of
this release.


The company's actual results could differ materially from those anticipated in
these forward-looking statements as a result of the factors set forth in the
"Risk Factors" section and elsewhere in the company's most recent Management's
Discussion and Analysis report and Annual Information Form, available at
www.sedar.com


FOR FURTHER INFORMATION PLEASE CONTACT: 
Investors:
Bill Trenaman
Tel.: +1.604.331.9834


Media
North America:
Bob Williamson
Tel.: +1.604.512.4856


South Africa:
Jeremy Michaels
Tel.: +27.11.088.4300

Ivanhoe Mines (TSX:IVN)
Gráfico Histórico do Ativo
De Abr 2024 até Mai 2024

Ivanhoe Mines (TSX:IVN)
Gráfico Histórico do Ativo
De Mai 2023 até Mai 2024