Integra Resources Announces Appointments of Timo Jauristo and George Salamis to Its Board of Directors
1050 – 400 Burrard Street
Vancouver, British Columbia, Canada
V6C 3A6
Email: [email protected]
FOR IMMEDIATE RELEASE TSXV:ITR ; OTCQB: IRRZF
March 1, 2018 www.integraresources.com
INTEGRA RESOURCES ANNOUNCES APPOINTMENTS OF TIMO JAURISTO AND GEORGE SALAMIS TO
ITS BOARD OF DIRECTORS
News Release Highlights:
• Timo Jauristo, former Goldcorp Executive Vice President of Corporate Development
appointed to Integra’s Board of Directors
• George Salamis, President and CEO, appointed to Board of Directors
• Integra announces DTC eligibility of its OTCQB-listed common shares
Vancouver, British Columbia – Integra Resources Corp. ( TSXV:ITR ; OTCQB:IRRZF ) (the “Company” or
“Integra”) is pleased to announce the appointment of Mr. Timo Jauristo as a non-executive, independent
director of the Company. Concurrently, Mr. George Salamis, Integra’s President and CEO, was named to
the Company’s Board of Directors, and former director Ms. Lisa McCormack has stepped down.
“As Integra enters a formative stage of its growth, w e are extremely pleased to welcome to our Board a
director with Mr. Jauristo’s reputation, qualification, and experience in the sector. His addition will
complement our current board, bringing exceptional industry understanding and strategic insight to the
table,” said Integra’s Chairman, Stephen de Jong. “We would also like to extend to Ms. Lisa McCormack
the Board’s sincere thank you for her dedicated work. Ms. McCormack was a critical Board member during
the Company’s transition from Mag Copper to Integra Resources.”
Timo Jauristo currently serves as a Senior Advisor to the Investment Banking division of Canaccord Genuity’s
Metals and Mining Group. Before his time at Canaccord, Mr. Jauristo acted as Goldcorp’s Executive Vice
President of Corporate Development, after having spent 15 years with Placer Dome before it was acquired
by Barrick in 2006. Throughout his 35 year career in the mining and exploration industry, Mr. Jauristo has
held a number of operating and corporate roles and has been involved with or lead numerous transactions
in many of the world’s gold producing regions.
DTC Eligibility
Integra is also pleased to announce that the Company’s common shares traded on the OTC Markets Group
Inc.’s OTCQB Venture Market in the United States, under the stock symbol “IRRZF ,” are now Depository
Trust Company (“DTC”) eligible.
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DTC is a subsidiary of the Depository Trust & Clearing Corp. of New York, NY, and manages the electronic
clearing and settlement of share transactions for publicly traded companies. DTC eligibility allows Integr a
shares to be more easily and economically transferred between brokerage accounts electronically in the
United States.
Stock Option Grant
The Company also announces that it has granted incentive stock options in conjunction with the changes
to the Board of Directors, exercisable to purchase in aggregate up to 250,000 common shares in the capital
of the Company until February 28, 2023 at an exercise price of $1.18 per share. The options were granted
in accordance with Integra’s Stock Option Plan and are subject to vesting provisions.
About Integra Resources
Integra Resources Corp. is a development -stage company engaged in the acquisition, exploration and
development of mineral properties in the Americas. The primary focus of the Company is advancement of
it’s DeLamar Project, consisting of the neighbouring De Lamar and Florida Mountain Gold and Silver
Deposits in the heart of the historic Owyhee County mining district in south western Idaho. The first
exploration program in over 25 years is currently underway on the DeLamar Project with more than 20,000
meters planned for 2018. The management team comprises the former executive team from Integra Gold
Corp. The 43-101 technical report on DeLamar is available here:
https://integraresources.com/site/assets/files/2388/43-101.pdf
ON BEHALF OF THE BOARD OF DIRECTORS
George Salamis
President, CEO, and Director
CONTACT INFORMATION
Corporate Inquiries: Chris Gordon, [email protected]
Company website: www.integraresources.com
Office phone: 1 (604) 416-0576
This news release contains "forward -looking information" and "forward -looking statements" (collectively, "forward -looking
statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of
historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news
release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives,
assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is
expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends"
or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will"
be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release,
forward-looking statements relate, among other things, to: statements about the estimation of mineral resources; magnitud e or
quality of mineral deposits; anticipated advancement of mineral properties or programs; future operations; future exploration
prospects; the completion and timing of mineral resource estimates; the length of the current market cycle and requirements f or
an issuer to survive in the current market cycle; future growth potential of Integra; and future development plans.
These forward-looking statements are based on reasonable assumptions and estimates of management of Integra at the time such
statements were made. Actual future results may differ materially as forward -looking statements involve known and unknown
risks, uncertainties and other factors which may cause the actual results, performance or achievements of Integra to material ly
differ from any fu ture results, performance or achievements expressed or implied by such forward -looking statements. Such
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factors, among other things, include: possible variations in mineralization, grade or recovery rates; actual results of curre nt
exploration activities; actual results of reclamation activities; conclusions of future economic evaluations; business integration risks;
fluctuations in general macroeconomic conditions; fluctuations in securities markets; fluctuations in spot and forward prices of
gold, silver, base metals or certain other commodities; fluctuations in currency markets (such as the Canadian dollar to United
States dollar exchange rate); change in national and local government, legislation, taxation, controls, regulations and polit ical or
economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including
environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave-ins and flooding); inability to obtain
adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining;
employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs
associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of
obtaining necessary licenses, permits and approvals from government authorities); and title to properties. Although the forwa rd-
looking statements contained in this news release are based upon what management of Integra believes, or believed at the time,
to be reasonable assumptions, Integra cannot assure its shareholders that actual results will be consistent with such forward -
looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended.
Readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except
as required by law, Integra assumes no obligation to update the forward -looking statements of beliefs, opinions, projections, or
other factors, should they change, except as required by law.