Ivanhoe Mines appoints financial Advisers for strategic Review of its Kamoa and Kipushi Projects

The strategic review initially will focus on the potential introduction of third-party strategic investors and/or joint-venture parties for the Kamoa and Kipushi projects. Ivanhoe also will continue to examine other corporate and project-level options such as a corporate reorganization; project spin-offs (including potentially separating its South African platinum assets and its DRC copper and zinc assets into separately listed public companies); sales or joint-ventures; project- or corporate-level debt and/or equity investments; and additional and/or alternative stock-exchange listings for certain of the company's projects.

The company will provide further comment on the evaluation of strategic alternatives only if a specific transaction or process is concluded, or if further disclosure is required or deemed appropriate. There can be no assurance that this review will result in the company pursuing any transaction or that a transaction, if pursued, will be completed, and no firm timetable has been set for the completion of this process.