Integra announces sale of 1.5% royalty interest in delamar project to wheaton precious metals for cash consideration of us$9.75 million

Tsxv: itr; nyse american: itrg   www.integraresources.com vancouver, bc , feb. 21, 2024 /prnewswire/ - integra resources corp. ("integra" or the "company") (tsxv: itr) (nyse american: itrg) is pleased to announce that through its wholly-owned subsidiary, delamar mining company, it has entered into a binding agreement (the "royalty agreement") with wheaton precious metals (cayman) co., a wholly-owned subsidiary of wheaton precious metals corp. ("wheaton"), pursuant to which wheaton will acquire a 1.5% net smelter returns royalty ("nsr") on metal production from all claims of the delamar and florida mountain deposit (together "delamar" or the "project") for an aggregate cash purchase price of us$9.75 million, to be paid in two installments (the "transaction"). the first installment of us$4.875 million is expected to be received by integra upon closing of the transaction.
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