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INTEGRA COMPLETES C$20 MILLION BOUGHT DEAL OFFERING IN CONNECTION WITH PREVIOUSLY ANNOUNCED MERGER WITH FLORIDA CANYON GOLD

INTEGRA COMPLETES C$20 MILLION BOUGHT DEAL OFFERING IN CONNECTION WITH PREVIOUSLY ANNOUNCED MERGE...

articleIntegra Resources CorpAugust 21, 20243/company/integra-resources/news/integra-completes-cdollar20-million-bought-deal-offering-in-connection-with-previously-announced-merger-with-florida-canyon-gold
INTEGRA COMPLETES C$20 MILLION BOUGHT DEAL OFFERING IN CONNECTION WITH PREVIOUSLY ANNOUNCED MERGER WITH FLORIDA CANYON GOLD

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[{"type":"text","content":"\n\n\n\n INTEGRA COMPLETES C$20 MILLION BOUGHT DEAL OFFERING IN CONNECTION WITH PREVIOUSLY ANNOUNCED MERGER WITH FLORIDA CANYON GOLD\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 www.integraresources.com\n \n\n\n\n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n Aug. 21, 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 that in connection with the joint news release of Integra and Florida Canyon Gold Inc. (\"\n \n FCGI\n \n \") dated\n \n July 29, 2024\n \n announcing Integra's intention to acquire FCGI (the \"\n \n Transaction\n \n \"), the Company has completed the bought deal private placement offering of 14,900,000 subscription receipts (the \"\n \n Subscription Receipts\n \n \") at a price of\n \n C$1.35\n \n per Subscription Receipt for gross proceeds of approximately\n \n C$20 million\n \n (the \"\n \n Offering\n \n \"). 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 \"\n \n Underwriters\n \n \").\n \n\n\n\n\n\n\n\n\n The gross proceeds from the Offering have been placed into escrow with TSX Trust Company (the \"\n \n Subscription Receipt Agent\n \n \"). Each Subscription Receipt represents the right of a holder to receive, upon satisfaction or waiver of certain release conditions (including the satisfaction of all conditions precedent to the completion of the Transaction other than the issuance of the consideration shares to shareholders of FCGI) (the \"\n \n Escrow Release Conditions\n \n \"), without payment of additional consideration, one common share in the capital of Integra (each an \"\n \n Integra Share\n \n \" and collectively, the \"\n \n Integra Shares\n \n \") subject to adjustments and in accordance with the terms ...

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