Integra Resources Corp. successfully completed an oversubscribed public offering, raising US$61.6 million by selling 18,121,600 common shares at US$3.40 each. The proceeds will fund pre-production capital expenditures for its DeLamar Project, which recently achieved permitting milestones. The company’s stock has seen significant growth, with a 194.34% return over the past year, and it maintains a strong financial position with more cash than debt.
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Integra Resources raises $61.6 million in oversubscribed offering By Investing.com
Integra Resources Corp. successfully completed an oversubscribed public offering, raising US$61.6 million by selling 18,121,600 common shares at US$3.40 each. The proceeds will fund pre-production capital expenditures for its DeLamar Project, which recently achieved permitting milestones. The company’s stock has seen significant growth, with a 194.34% return over the past year, and it maintains a strong financial position with more cash than debt.