Integra Resources Corp. (“
Integra” or the
“
Company”) is pleased to report the voting results
from its Annual General Meeting of Shareholders held on June 29,
2021. A total of 22,225,932 common shares have been voted,
representing 40.55% of the Company’s outstanding shares.
1. Number
of Directors
Setting the number of directors at 7 was
approved.
|
For % |
Against % |
To Set the Number of Directors at 7 |
99.97% |
0.03% |
2. Election
of Directors
The following individuals were elected as
directors for the ensuing year: Stephen de Jong, George Salamis,
David Awram, Timo Jauristo, Anna Ladd-Kruger, C.L. “Butch” Otter,
and Carolyn Clark Loder. The following is a summary of the voting
results for the Company’s 7 directors:
Nominees |
For % |
Withheld % |
Stephen de Jong |
97.98% |
2.02% |
George Salamis |
93.35% |
6.65% |
David Awram |
91.35% |
8.65% |
Timo Jauristo |
99.98% |
0.02% |
Anna Ladd-Kruger |
99.96% |
0.04% |
C.L. “Butch” Otter |
99.96% |
0.04% |
Carolyn Clark Loder |
99.98% |
0.02% |
3. Appointment
of MNP LLP as Auditors of the Company
MNP LLP, Chartered Professional Accountants,
were appointed as auditors of the Company at a remuneration to be
fixed by the directors.
|
For % |
Withheld % |
Appointment of MNP LLP as Auditors of the
Company |
99.98% |
0.02% |
4. Approval
of the Amended and Restated Equity Incentive Plan
The Company’s Amended and Restated Equity Incentive Plan was
approved by disinterested shareholders.
|
For % |
Against % |
Approval of the Amended and Restated Equity Incentive
Plan |
86.58% |
13.42% |
The Company’s Amended and Restated Equity
Incentive Plan is a “rolling” plan, pursuant to which the aggregate
number of common shares to be issued under the plan shall not
exceed 10% of the Company’s issued and outstanding common shares.
The Amended and Restated Equity Incentive Plan increases the
maximum number of common shares underlying RSUs and DSUs to
1,200,000 and 400,000, respectively. The Amended and Restated
Equity Incentive Plan also amends the applicable corporate statute
to the Business Corporations Act (British Columbia). Please see the
Company’s Management Information Circular dated May 14, 2021 for
further information on the Company’s Amended and Restated Equity
Incentive Plan.
About Integra Resources
Integra Resources is a development-stage mining
company focused on the exploration and de-risking of the past
producing DeLamar Gold-Silver Project in Idaho, USA. Integra is led
by the management team from Integra Gold Corp. which successfully
grew, developed and sold the Lamaque Project, in Quebec, for C$600
M in 2017. Since acquiring the DeLamar Project, which includes the
adjacent DeLamar and Florida Mountain gold and silver Deposits, in
late 2017, the Company has demonstrated significant resource growth
and conversion while providing a robust economic study in its
maiden Preliminary Economic Assessment. The Company is currently
focused on resource growth through brownfield and greenfield
exploration and the start of pre-feasibility level studies designed
to advance the DeLamar Project towards a potential construction
decision. For additional information, please reference the
“Technical Report and Preliminary Economic Assessment for the
DeLamar and Florida Mountain Gold – Silver Project, Owyhee County,
Idaho, USA (October 22, 2019).”
ON BEHALF OF THE BOARD OF DIRECTORS
George SalamisPresident, CEO and Director
CONTACT INFORMATION
Corporate Inquiries: ir@integraresources.comCompany website:
www.integraresources.comOffice phone: 1 (604) 416-0576
Forward looking and other cautionary
statements
This news release contains “forward-looking
information” and “forward-looking statements” (collectively,
“forward-looking statements”) within the meaning of the applicable
Canadian securities legislation. All statements, other than
statements of historical fact, are forward-looking statements and
are based on expectations, estimates and projections as at the date
of this news release. Any statement that involves discussion with
respect to predictions, expectations, beliefs, plans, projections,
objectives, assumptions, future events or performance (often, but
not always using phrases such as “plans”, “expects”, “is expected”,
“budget”, “scheduled”, “estimates”, “forecasts”, “intends”,
“anticipates”, or “believes” or variations (including negative
variations) of such words and phrases, or state that certain
actions, events or results “may”, “could”, “would”, “might” or
“will” be taken, occur or be achieved) are not statements of
historical fact and may be forward-looking statements. . In this
news release, forward-looking statements relate, among other
things, to: statements about the estimation of mineral resources;
magnitude or quality of mineral deposits; anticipated advancement
of mineral properties or programs; future operations; future
exploration prospects; the completion and timing of mineral
resource estimates and Pre-feasibility studies; future growth
potential of Integra; future underground exploration plans and
future development plans.
These forward-looking statements, and any
assumptions upon which they are based, are made in good faith and
reflect our current judgment regarding the direction of our
business. Management believes that these assumptions are
reasonable. Forward-looking information involves known and unknown
risks, uncertainties and other factors which may cause the actual
results, performance or achievements of the Company to be
materially different from any future results, performance or
achievements expressed or implied by the forward-looking
information. Such factors include, among others: risks related to
the speculative nature of the Company’s business; the Company’s
formative stage of development; the Company’s financial position;
possible variations in mineralization, grade or recovery rates;
actual results of current exploration activities; actual results of
reclamation activities; conclusions of future economic evaluations;
business integration risks; fluctuations in general macroeconomic
conditions; fluctuations in securities markets; fluctuations in
spot and forward prices of gold, silver, base metals or certain
other commodities; fluctuations in currency markets (such as the
Canadian dollar to United States dollar exchange rate); change in
national and local government, legislation, taxation, controls
regulations and political or economic developments; risks and
hazards associated with the business of mineral exploration,
development and mining (including environmental hazards, industrial
accidents, unusual or unexpected formation pressures, cave-ins and
flooding); inability to obtain adequate insurance to cover risks
and hazards; the presence of laws and regulations that may impose
restrictions on mining; employee relations; relationships with and
claims by local communities and indigenous populations;
availability of increasing costs associated with mining inputs and
labour; the speculative nature of mineral exploration and
development (including the risks of obtaining necessary licenses,
permits and approvals from government authorities); and title to
properties. Although the forward-looking statements contained in
this news release are based upon what management of Integra
believes, or believed at the time, to be reasonable assumptions,
Integra cannot assure its shareholders that actual results will be
consistent with such forward-looking statements, as there may be
other factors that cause results not to be anticipated, estimated
or intended.
Forward-looking statements contained herein are
made as of the date of this news release and the Company disclaims
any obligation to update any forward-looking statements, whether as
a result of new information, future events or results, except as
may be required by applicable securities laws. There can be no
assurance that forward-looking information will prove to be
accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking
information.
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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