Integra Resources Corp Announces Completion of Bought Deal Private Placement Offering

VANCOUVER, BC, Aug. 21, 2024

Integra Resources Corp. (“Integra” or the “Company”) (TSXV: ITR) (NYSE American: ITRG) is pleased to announce that in connection with the joint news release of Integra and Florida Canyon Gold Inc. (“FCGI”) dated July 29, 2024 announcing Integra’s intention to acquire FCGI (the “Transaction”), the Company has completed the bought deal private placement offering of 14,900,000 subscription receipts (the “Subscription Receipts”) at a price of C$1.35 per Subscription Receipt for gross proceeds of approximately C$20 million (the “Offering”). The Offering was conducted by Stifel Nicolaus Canada Inc. and Eight Capital, as co-lead underwriters and joint bookrunners, together with a syndicate of underwriters including BMO Nesbitt Burns Inc., Desjardins Securities Inc., and Ventum Financial Corp. (collectively, the “Underwriters”).

Integra Resources Corp. has successfully completed their bought deal private placement offering, securing significant gross proceeds for the company. The offering, led by reputable underwriters in the industry, has solidified Integra’s position in the market and paved the way for future growth and expansion.

The acquisition of Florida Canyon Gold Inc. marks a key milestone for Integra Resources Corp., positioning them for increased opportunities and enhanced value for shareholders. The completion of the private placement offering demonstrates strong investor confidence in the company’s vision and strategic direction.

How This Will Affect You

As an investor, the completion of the bought deal private placement offering by Integra Resources Corp. may signify potential growth and profitability for your investment. With the acquisition of Florida Canyon Gold Inc., there may be expanded opportunities for revenue generation and increased shareholder value in the future.

How This Will Affect the World

The successful completion of the private placement offering by Integra Resources Corp. reflects a positive outlook for the mining industry and the economy as a whole. The acquisition of Florida Canyon Gold Inc. may lead to job creation, economic development, and increased production in the sector, contributing to overall growth and prosperity.

Conclusion

Integra Resources Corp.’s completion of the bought deal private placement offering marks a significant achievement for the company, setting the stage for future growth and success. The acquisition of Florida Canyon Gold Inc. and the strong investor interest in the offering indicate a promising outlook for both Integra Resources Corp. and the mining industry as a whole.