Intrepid Metals is pleased to announce that Teck Resources has agreed to acquire, on a non-brokered private placement basis, 8,800,000 common shares in the capital of the Company at a price of $0.45 per Common Share for gross proceeds to the Company of $3,960,000, representing 9.9% of the Company's outstanding shares on a pro forma basis. The Offering constitutes a binding commitment by Teck, subject to customary
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