Integra Grants Annual Incentive Awards
INTEGRA GRANTS ANNUAL INCENTIVE
AWARDS
TSXV: ITR; NYSE American: ITRG
www.integraresources.com
VANCOUVER, BC
,
Jan. 24, 2025
/CNW/ -
Integra Resources Corp. ("Integra" or the
"Company")
(TSXV: ITR) (NYSE American: ITRG
)
announces that on
January 24, 2025
the
Company granted a total of 1,362,415 options, 1,306,184 restricted share units, and 348,726
deferred share units (together, the "Equity Incentive Awards") to certain employees, executives,
directors and consultants of the Company. The Equity Incentive Awards have been granted pursuant
to the Company's Amended and Restated Equity Incentive Plan and are subject to vesting
provisions. The options granted have an exercise price of
C$1.37
per share and will expire 5 years
from the date of grant.
About Integra Resources
Integra is a growing precious metals producer in the Great Basin of the
Western United States
.
Integra is focused on demonstrating profitability and operational excellence at its principal operating
asset, the Florida Canyon Mine, located in
Nevada
. In addition, Integra is committed to 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
. Integra creates
sustainable value for shareholders, stakeholders, and local communities through successful mining
operations, efficient project development, disciplined capital allocation, and strategic M&A, while
upholding the highest industry standards for environmental, social, and governance practices.
ON BEHALF OF THE BOARD OF DIRECTORS
George Salamis
President, CEO and Director
Forward Looking and Other Cautionary Statements
Certain information set forth in this news release contains "forward
looking statements" and
"forward
looking information" within the meaning of applicable Canadian securities legislation and
applicable
United States
securities laws (referred to herein as forward
looking statements). Except
for statements of historical fact, certain information contained herein constitutes forward
looking
statements which includes, but is not limited to, statements with respect to: the future financial or
operating performance of the Company and the Company's mineral properties and project portfolio;
the results from work performed to date; the estimation of mineral resources and reserves; the
realization of mineral resource and reserve estimates; the development, operational and economic
results of technical reports on mineral properties referenced herein; magnitude or quality of mineral
deposits; the anticipated advancement of the Company' mineral properties and project portfolios;
exploration expenditures, costs and timing of the development of new deposits; underground
exploration potential; costs and timing of future exploration; the completion and timing of future
development studies; estimates of metallurgical recovery rates; exploration prospects of mineral
properties; requirements for additional capital; the future price of metals; government regulation of
mining operations; environmental risks; the timing and possible outcome of pending regulatory
matters; the realization of the expected economics of mineral properties; future growth potential of
mineral properties; and future development plans.
Forward-looking statements are often identified by the use of words such as "may", "will", "could",
"would", "anticipate", "believe", "expect", "intend", "potential", "estimate", "budget", "scheduled",
"plans", "planned", "forecasts", "goals" and similar expressions. Forward-looking statements are
based on a number of factors and assumptions made by management and considered reasonable at
the time such information is provided. Assumptions and factors include: general business, economic
and competitive uncertainties; the actual results of current and future exploration activities;
conclusions of economic evaluations; meeting various expected cost estimates; benefits of certain
technology usage; changes in project parameters and/or economic assessments as plans continue
to be refined; future prices of metals; possible variations of mineral grade or recovery rates; the risk
that actual costs may exceed estimated costs; geological, mining and exploration technical
problems; failure of plant, equipment or processes to operate as anticipated; accidents, labour
disputes and other risks of the mining industry; delays in obtaining governmental approvals or
financing; the speculative nature of mineral exploration and development (including the risks of
obtaining necessary licenses, permits and approvals from government authorities); title to properties;
and management's ability to anticipate and manage the foregoing factors and risks. Although the
Company has attempted to identify important factors that could cause actual actions, events or
results to differ materially from those described in the forward-looking statements, there may be
other factors that cause actions, events or results not to be as anticipated, estimated or intended.
Readers are advised to study and consider risk factors disclosed in Integra's annual report on Form
20-F dated
March 28, 2024
for the fiscal year ended
December 31, 2023
and Florida Canyon Gold
Inc.'s listing application on TSX Venture Exchange Form 2B, each of which are available on the
respective SEDAR+ issuer profiles for the Company and Florida Canyon Gold Inc. available at
www.sedarplus.ca
.
There can be no assurance that forward
looking statements will prove to be accurate, as actual
results and future events could differ materially from those anticipated in such statements. The
Company undertakes no obligation to update forward
looking statements if circumstances or
management's estimates or opinions should change except as required by applicable securities
laws. The forward-looking statements contained herein are presented for the purposes of assisting
investors in understanding the Company's plans, objectives and goals, and may not be appropriate
for other purposes. Forward-looking statements are not guarantees of future performance and the
reader is cautioned not to place undue reliance on forward
looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release
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SOURCE
Integra Resources Corp.
View original content to download multimedia:
http://www.newswire.ca/en/releases/archive/January2025/24/c1267.html
%SEDAR: 00013334E
For further information:
CONTACT INFORMATION: Corporate Inquiries:
[email protected], Company website: www.integraresources.com, Office phone: 1 (604)
416-0576
CO: Integra Resources Corp.
CNW 18:34e 24-JAN-25