Integra Resources Raises US$61.6 Million Through Oversubscribed US$3.40 Bought-Deal Offering
Integra closed an oversubscribed bought deal offering of 18.12 million common shares at US$3.40 each, raising US$61.6 million gross including full over-allotment. The company will use net proceeds to fund pre-production capital expenditures at its DeLamar Project—covering procurement, early works and land purchases following NEPA permitting and feasibility study completion.
1. Bought-Deal Offering
Integra completed an oversubscribed bought deal offering of 18,121,600 common shares at US$3.40 per share, generating US$61.6 million in gross proceeds after full exercise of the over-allotment option. The deal was led by Canaccord Genuity Corp. and Stifel Nicolaus Canada Inc. with support from a syndicate of underwriters.
2. Use of Proceeds
Net proceeds will fund pre-production capital expenditures at the DeLamar Project, including procurement work, early site works and strategic land acquisitions to accelerate development phases ahead of a construction decision.
3. Permitting and Feasibility Updates
In early 2026, Integra secured a 15-month NEPA permitting timeline and received FAST-41 designation for the DeLamar Project, and filed a Feasibility Study defining early works and de-risking development activities.
4. Strategic Impact
The financing strengthens the balance sheet, reduces future funding risk and helps shorten the project timeline by enabling low-risk activities that improve execution readiness while minimizing long-term shareholder dilution.