| | As of 11:59pm ET February 25th, 2015 | | Filing Date | Transaction Date | Insider Name | Ownership Type | Securities | Nature of transaction | # or value acquired or disposed of | Price | | | | |
| Feb 25/15 | Feb 20/15 | Thiboutot, Herve | Direct Ownership | Common Shares | 56 - Grant of rights | 400,000 | | | |
| Feb 25/15 | Feb 20/15 | Oliver, Charles Fergus Hoblyn | Direct Ownership | Common Shares | 56 - Grant of rights | 250,000 | $0.300 | | Feb 25/15 | Feb 20/15 | Oliver, Charles Fergus Hoblyn | Direct Ownership | Common Shares | 00 - Opening Balance-Initial SEDI Repor | | |
.
ntegra Gold appoints Oliver to board
2015-02-20 16:31 ET - News Release
Mr. Stephen de Jong reports
INTEGRA GOLD APPOINTS CHARLES OLIVER TO BOARD OF DIRECTORS
Integra Gold Corp. has appointed Charles Oliver to the company's board of directors. Mr. Oliver is a geologist, who most recently held the position of lead portfolio manager for Sprott Gold and Precious Minerals Fund. Prior to his role at Sprott Asset Management, Mr. Oliver was a senior vice-president and lead portfolio manager at AGF Funds. During his 11-year tenure at AGF Funds, Mr. Oliver managed a variety of funds, including the Precious Metals Fund, Canadian Resources Fund, Global Resources Fund, Growth Equity Fund and Markland Oilsands Sector Fund. Mr. Oliver earned his BSc in geology (honours) from the University of Western Ontario, and began his career as a field geologist in Quebec before moving to Toronto to work as a trader and retail broker.
"The company is excited that Charles Oliver will be joining the board. Charles has had an esteemed and successful career in the precious metals space, and it is testament to the Lamaque project and the team in place at Integra that a person of Charles's calibre is joining the company's board," noted Integra chairman George Salamis. "Charles's extensive knowledge of the gold market, established network and exemplary reputation will be invaluable to the company as it advances the Lamaque project towards production."
In order to formalize a pay-for-performance culture, and further strengthen the alignment between company's insiders and shareholders, Integra also announces that a restricted share unit plan (RSU plan) was approved by the board of directors, subject to approval by the TSX Venture Exchange and ratification by the company's disinterested shareholders at the 2015 annual general meeting of shareholders.
Subject to approval of the RSU plan by the TSX-V and ratification by disinterested shareholders at the AGM, 4.5 million restricted share units (RSUs) were issued to the company's directors, officers and senior employees. The RSUs will vest as to 25 per cent on the date of disinterested shareholder approval, and 25 per cent on each of Feb. 20, 2016, Aug. 20, 2016, and Feb. 20, 2017. Upon vesting, the RSUs may be subject to a statutory four-month hold period.
Further details regarding both the RSU plan and the awards made under such plan will be set out in the management information circular of the company, which will be made available to shareholders and filed on SEDAR in connection with the AGM.
Integra also announces that pursuant to its stock option plan, 5,575,000 incentive stock options exercisable at 30 cents per share for a period of seven years have been granted to directors, officers and employees of the company.
We seek Safe Harbor.