UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 20, 2026
IVANHOE ELECTRIC INC. |
(Exact name of registrant as specified in its charter) |
Delaware |
| 001-41436 |
| 32-0633823 |
(State or other jurisdiction of incorporation or organization) |
| (Commission File Number) |
| (I.R.S. Employer Identification No.) |
450 E Rio Salado Parkway, Suite 130 Tempe, Arizona |
| 85281 |
(Address of principal executive offices) |
| (Zip Code) |
Registrant’s telephone number, including area code: (480) 656-5821
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
| Trading Symbol(s) |
| Name of each exchange on which registered |
Common Stock, par value $0.0001 per share |
| IE |
| NYSE American |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On May 20, 2026, Ivanhoe Electric Inc.’s majority-owned subsidiary Cordoba Minerals Corp. (“Cordoba Minerals”) entered into a consulting agreement (the “Consulting Agreement”) with Quentin Markin in connection with the performance of services by Mr. Markin as the interim Chief Executive Officer (“CEO”) for Cordoba Minerals. The Consulting Agreement provides that in consideration for the performance of said services, Mr. Markin will receive a monthly fee of $7,500 and reimbursement for reasonable business expenses properly incurred in connection with services performed under the Consulting Agreement. The Consulting Agreement will terminate automatically upon Cordoba Minerals appointing a new CEO, unless previously terminated by Cordoba Minerals for cause or by either party without cause after providing one month advanced written notice.
Cordoba Minerals announced the appointment of Mr. Markin as Cordoba Minerals’ interim CEO on March 6, 2026. Mr. Markin continues to serve as Executive Vice-President of Business Development and Strategy Execution for Ivanhoe Electric Inc., and as a director of Cordoba Minerals.
The foregoing summary of the Consulting Agreement does not purport to be a complete description of the Consulting Agreement and is qualified in its entirety by reference to the full text of the Consulting Agreement, a copy of which is attached hereto as Exhibit 10.1 and incorporated herein by reference.
Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
Exhibit No. | Description | |
Consulting Agreement dated May 20, 2026 between Cordoba Minerals Corp. and Quentin Markin | ||
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| IVANHOE ELECTRIC INC. |
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Date: May 20, 2026 | By: | /s/ Taylor Melvin |
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| Taylor Melvin |
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| President and Chief Executive Officer |
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