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Bullboard - Stock Discussion Forum Integra Resources Corp V.ITR

Alternate Symbol(s):  ITRG | V.ITR.WT

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... see more

TSXV:ITR - Post Discussion

Integra Resources Corp > Capital dilution + 16%
View:
Post by andre171 on Mar 06, 2024 2:33am

Capital dilution + 16%

11112000 more shares. Capital dilution of over 16% at CAD 0.90 below yesterday's closing price. DECOURAGING!
Comment by andre171 on Mar 06, 2024 6:26am
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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