- The deal’s net proceeds will be used to advance the development of the DeLamar Project as well as for working capital and general corporate purposes
- Also, concurrent to this financing, Integra will run a public offering of up to $10 million with a lead order from Beedie Capital
- Upon the closing of the offering, Beedie will own a stake in Integra of about 8 percent
Vancouver-based mining company Integra Resources Corp has entered into a $20 million convertible facility with existing shareholder Beedie Capital, a Canadian family office.
