Integra Resources Secures C$20M for Florida Canyon Merger
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Integra Resources Secures C$20M for Florida Canyon Merger

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Integra Resources Corp (TSE:ITR) has released an update.

Integra Resources Corp has successfully completed a C$20 million financing round to support its merger with Florida Canyon Gold, selling 14.9 million subscription receipts at C$1.35 each. The proceeds will be used to enhance the Florida Canyon mine, advance other projects, and for general corporate purposes. The funds are currently held in escrow and will be released to Integra upon meeting certain conditions by December 15, 2024.

For further insights into TSE:ITR stock, check out TipRanks’ Stock Analysis page.

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