Business

INTEGRA ANNOUNCES FULL CONVERSION AND REPAYMENT OF BEEDIE CAPITAL CONVERTIBLE DEBENTURE

Integra Resources Corp. ("Integra" or the "Company") (TSXV: ITR) (NYSE American: ITRG) is pleased to announce the full conversion and repayment of the Beedie...

articleIntegra Resources CorpDecember 22, 20257/company/integra-resources/news/integra-announces-full-conversion-repayment-210500551
INTEGRA ANNOUNCES FULL CONVERSION AND REPAYMENT OF BEEDIE CAPITAL CONVERTIBLE DEBENTURE

About this update from Integra Resources Corp

[{"type":"text","content":"TSXV: ITR; NYSE American: ITRGwww.integraresources.com","length":60,"tagName":"p","attribs":{}},{"type":"text","content":"VANCOUVER, BC , Dec. 22, 2025 /CNW/ - Integra Resources Corp. ("Integra" or the "Company") (TSXV: ITR) (NYSE American: ITRG) is pleased to announce the full conversion and repayment of the Beedie Investment Ltd. ("Beedie Capital") convertible debenture facility (the "Facility"). Pursuant to the terms of the Facility credit agreement, as amended, the Company issued a total of 12,295,081 common shares at a deemed price per common share of C$1.6875 (US$1.22) to retire the full US$15 million principal amount drawn under the Facility and paid US$2,896,712 in accrued interest and standby fees. In connection with the conversion and repayment of the Facility, the Facility has been retired and certain assets secured under the Facility have been released. There are no further amounts due or owing to Beedie Capital under the Facility.","length":885,"tagName":"p"},{"type":"image","alt":"Integra Resources (CNW Group/Integra Resources Corp.)","displaySize":"","headline":null,"caption":"Integra Resources (CNW Group/Integra Resources Corp.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":322,"height":82,"url":"https://media.zenfs.com/en/cnwgroup.com/4e4ba848d2931c2cf7f299442a42d725"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/cTveTX0S2KzpdhYFox4LJw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTE2MztjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/4e4ba848d2931c2cf7f299442a42d725","width":322,"height":82}},"href":"https://mma.prnewswire.com/media/2850661/Integra_Resources_Corp__INTEGRA_ANNOUNCES_FULL_CONVERSION_AND_RE.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"George Salamis, President, CEO and Director of Integra commented: "Beedie Capital has been an important partner to Integra since our earliest days, and their continued support speaks volumes. The full conversion of the convertible debenture into equity following the recently announced Feasibility Study results for DeLamar is a strong vote of confidence in the strength of the study and the long-term value of the Company. This transaction also materially strengthens our financial position by eliminating the convertible debt from our balance sheet, leaving In...

More updates from Integra Resources Corp

Beedie Capitalthe Facilitycommon sharesThe CompanyGeorge SalamisCompanyBeedie Investment Ltd.Integra Resources Corp.convertible debenture