Integra Resources Corp.: Early Warning Reports Filed Pursuant to National Instrument 62-103
TORONTO, ONTARIO--(Marketwired - Aug 23, 2017) - Integra Resources Corp. (CSE:ITR)(CSE:ITR.CN)(CNSX:ITR) (the "Company") has been advised of the recent acquisitions made by, (i) George Salamis and SPI Spartan Inc., a company owned and controlled by Mr. Salamis ("Salamis Group"), and Stephen de Jong and his related entities ("De Jong Group"). Salamis Group and De Jong Group will be filing on SEDAR early warning reports pursuant to the early warning requirements of applicable securities laws in Canada with respect to the Company.
Salamis Group has acquired an aggregate 3,075,492 common shares in the capital of the Company ("Shares"). The Shares were acquired over the course of multiple transactions consisting of both private placement subscriptions and secondary market purchases at varying prices. Salamis Group's holdings represent approximately 16.7% of the Company's issued and outstanding Shares. Prior to the most recent acquisition on August 22, 2017, Salamis Group held 960,006 Shares representing approximately 5.0% of the issued and outstanding Shares.
De Jong Group has acquired an aggregate 3,075,980 Shares. The Shares were acquired over the course of multiple transactions consisting of both private placement subscriptions and secondary market purchases at varying prices. De Jong Group's holdings represent approximately 16.7% of the Company's issued and outstanding Shares. Prior to the most recent acquisition on August 22, 2017, De Jong Group held 960,000 Shares representing approximately 5.0% of the issued and outstanding Shares.
Salamis Group and De Jong Group acquired these securities for investment purposes and as disclosed in the accompanying Early Warning Reports, each of them may in the future acquire or dispose of securities of the Company, through the market, privately or otherwise, as circumstances or market conditions warrant.
For additional information, or for copies of the early warning reports filed in respect of the above transaction, please consult www.sedar.com.
The Canadian National Stock Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.
Cautionary Note Regarding Forward-Looking Information
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 discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to 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 the anticipated future acquisition initiatives and exploration activities of the Company.
These forward-looking statements are based on reasonable assumptions and estimates of management of the Company at the time such statements were made. Actual future results may differ materially as forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors, among other things, include the filing of early warning reports. Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Readers should not place undue reliance on the forward-looking statements and information contained in this news release. The Company assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.
Contact
Integra Resources Corp.
George Salamis
President and CEO
(416) 848-0105
info@integraresources.ca
