Blackstone Minerals and IDM International Merge to Unlock Mankayan Copper-Gold Potential

• Binding scheme implementation deed signed between Blackstone Minerals and IDM International
• Acquisition of 100% of IDM via all-scrip transaction at 7.4 Blackstone shares per IDM share
• Mankayan Project is one of the largest high-grade undeveloped copper-gold porphyry systems globally
• Philippines offers a pro-mining environment with strong social license secured by IDM