Integra Resources Corp V.ITR

Alternate Symbol(s): ITRG | V.ITR.WT

Metals & Mining Gold

Integra Resources Corp. is a precious metals producer in the Great Basin of the Western United States. Its principal operating asset is the Florida Canyon Mine, located in Nevada. In addition, it is engaged in advancing its flagship development-stage heap leach projects: the past producing DeLamar Project located in southwestern Idaho and the Nevada North Project located in western Nevada. The Florida Canyon Mine is located about 125 miles east of Reno Nevada, and immediately south of Interstate 80. The mine produces gold by conventional hard rock open pit mining with processing by two-stage crushing and Run of Mine (ROM) heap leaching. The DeLamar Project is a gold and silver mining development project located in Owyhee County in southwest Idaho. The Nevada North Project includes the Wildcat and Mountain View deposits in northwestern Nevada. The Wildcat Deposit is a resource stage gold-silver deposit. The Mountain View Deposit is located within the Deephole mining district in Nevada.

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Integra Resources Corp > Capital dilution + 16%

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Comment by andre171on Mar 06, 2024 6:26am

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Post# 35917393

RE:Capital dilution + 16%

andre171 wrote: 11112000 more shares. Capital dilution of over 16% at CAD 0.90 below yesterday's closing price. DECOURAGING!

If warrants are taken into account, this represents a dilution of 25% - HUGE! What's more, the exercise price of these warrants, set at 1, .2 CAD is quite low, doesn't it reflect a certain pessimism about the 36-month horizon?

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