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INTEGRA CLOSES UPSIZED BOUGHT DEAL OFFERING WITH FULL EXERCISE OF OVER-ALLOTMENT OPTION FOR GROSS PROCEEDS OF APPROXIMATELY C$15 MILLION
INTEGRA CLOSES UPSIZED BOUGHT DEAL OFFERING WITH FULL EXERCISE OF OVER-ALLOTMENT OPTION FOR GROSS...
About this update from Integra Resources Corp
[{"type":"text","content":"\n \n \n \n INTEGRA CLOSES UPSIZED BOUGHT DEAL OFFERING WITH FULL EXERCISE OF OVER-ALLOTMENT OPTION FOR GROSS PROCEEDS OF APPROXIMATELY C$15 MILLION\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n TSXV: ITR; NYSE American: ITRG\n \n \n \n \n www.integraresources.com\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n March 13, 2024\n \n \n /CNW/ -\n \n Integra Resources Corp.\n \n (\"\n \n Integra\n \n \" or the \"\n \n Company\n \n \") (TSXV: ITR) (NYSE American: ITRG) is pleased to announce the completion of its previously announced bought deal public offering, pursuant to which the Company issued a total of 16,611,750 units (the \"\n \n Units\n \n \"), including the full exercise of the over-allotment option by the Underwriters (as defined below), at a price of\n \n C$0.90\n \n per Unit (the \"\n \n Offering Price\n \n \") for aggregate gross proceeds of\n \n C$14,950,575\n \n (the \"\n \n Offering\n \n \").\n \n \n \n \n \n \n \n \n \n Each Unit consists of one common share of the Company (a \"\n \n Common Share\n \n \") and one-half of one Common Share purchase warrant (each whole Common Share purchase warrant, a \"\n \n Warrant\n \n \"). Each Warrant entitles the holder thereof to purchase one Common Share at an exercise price of\n \n C$1.20\n \n for a period of 36 months from the closing of the Offering.\n \n \n The Offering includes an investment made into Integra from a new strategic corporate entity as well as support from current shareholders Beedie Investments Ltd. and Wheaton Precious Metals Corp.\n \n \n The Offering was completed pursuant to an underwriting agreement dated\n \n March 7, 2024\n \n entered into among the Company and a syndicate of underwriters led by Cormark Securities Inc., and including BMO Nesbitt Burns Inc., Desjardins Securities Inc., Eight Capital, PI Financial Corp., Raymond James Ltd. and Stifel Nicolaus Canada Inc. (collectively, the \"\n \n Underwriters\n \n \").  The Company paid the Underwriters a cash fee of 6% of the aggregate gross proceeds ...