Integra resources announces closing of c$35 million financing, including strategic investment from wheaton precious metals

Vancouver, british columbia, march 16, 2023 (globe newswire) -- further to the joint news release of integra resources corp. (“integra” or the “company”) (tsx-v: itr; nyse american: itrg) and millennial precious metals corp. (“millennial”) (tsx-v: mpm, otcqb: mlpmf) dated february 27, 2023 announcing integra's intention to combine with millennial (the “transaction”), the company announces that it has completed its bought deal private placement of 35,000,000 subscription receipts (the “subscription receipts”) at a price of c$0.70 per subscription receipt (the “offering price”) for gross proceeds of c$24.5 million (the “brokered offering”), and a concurrent non-brokered private placement (the “non-brokered offering”) with wheaton precious metals corp. (“wpm”) of 15,000,000 subscription receipts at the offering price for gross proceeds of c$10.5 million. the offering was conducted by raymond james ltd., bmo capital markets and cormark securities inc. (collectively, the “underwriters”).
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