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The Asset ObserverThe Asset Observer
Home»Stocks
Stocks

Integra Resources to list warrants on TSX Venture Exchange By Investing.com

News RoomBy News RoomMarch 21, 2024
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© Reuters.

VANCOUVER – Integra Resources Corp. (TSXV: ITR) (NYSE American: ITRG), a precious metals exploration and development company, announced its plans to list its warrants on the TSX Venture Exchange starting Thursday, March 22, 2024. This move follows the successful completion of a bought deal public offering on March 13, 2024, which raised C$14,950,575 through the issuance of 16,611,750 units at C$0.90 per unit.

Each unit issued under the offering included one common share and one-half of one common share purchase warrant. The full warrant allows the holder to purchase a common share at an exercise price of C$1.20 within a 36-month period ending March 13, 2027. The company expects 8,305,874 warrants to begin trading under the symbol ITR.WT, subject to approval by the TSX Venture Exchange.

Integra Resources, which operates in the Great Basin of the Western USA, is advancing two flagship oxide heap leach projects: the DeLamar Project in southwestern Idaho and the Nevada North Project, which includes the Wildcat and Mountain View deposits in northwestern Nevada. The company also holds a portfolio of early-stage exploration projects in Idaho, Nevada, and Arizona, aiming to become a leading mid-tier gold and silver producer in the USA.

The information in this article is based on a press release statement from Integra Resources Corp.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Read the full article here

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