Integra arranges $55.01M (U.S.) bought deal offering

Executive Summary

• Integra Resources Corp. has entered into an agreement for a US$55 million bought deal financing, issuing 16.18 million common shares at $3.40 (U.S.) per share.
• The company has granted underwriters an overallotment option to purchase up to an additional 12% (1,941,600 shares) at the same issue price.
• Net proceeds are intended to finance pre-production capital expenditures at the DeLamar project, including procurement, early works, and land purchase.

Key Details

• Gross Proceeds: US$55,012,000.
• Share Price: $3.40 (U.S.) per common share.
• Shares Issued: 16,180,000 common shares.
• Underwriters: Canaccord Genuity Corp. and Stifel Nicolaus Canada Inc. acting as co-lead underwriters and joint bookrunners on behalf of a syndicate.
• Overallotment Option: Granted to purchase up to 1,941,600 additional common shares (12% of the initial offering) at the issue price of $3.40.
• Use of Proceeds: Financing pre-production capital expenditures at the DeLamar project, specifically for procurement work, early works, and land purchase.
• Closing Date: Expected on or about February 9, 2026, subject to customary closing conditions and regulatory approvals (TSX Venture Exchange and NYSE American).
• Regulatory Filings: Preliminary prospectus supplement filed; final prospectus supplement to be filed within two business days. Base shelf prospectus dated Jan. 16, 2024, and Form F-10 registration statement (File No. 333-276530) referenced.

Notable Quotes

• No direct quotes from management were included in the provided text.