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.
