On April 10, 2025, IDEX Metals Corp. completed a private placement of subscription receipts for gross proceeds of approximately $4.4 million, in connection with its contemplated RTO transaction with Goodbridge Capital Corp. Concurrently, Goodridge will complete a brokered private placement of units of the Goodridge on the same terms as the subscription receipt offering, for which Goodridge has received orders of $600,000, resulting in anticipated aggregate gross proceeds from the offerings of approximately $5 million.
Canaccord Genuity Corp. is acting as sole bookrunner and co-lead agent with Red Cloud Securities Inc., on behalf of a syndicate of agents including Research Capital Corporation.
Cassels acted for the agents.