Integra Gold Announces Approval for Extension of Warrant Expiry Date
18 Febbraio 2014 - 10:30PM
Marketwired
Integra Gold Announces Approval for Extension of Warrant Expiry
Date
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 18, 2014) -
Integra Gold Corp. (TSX-VENTURE:ICG) ("Integra" or the "Company")
is pleased to announce that further to its news release of February
11, 2014, the TSX Venture Exchange ("TSXV") has approved the
Company's application to extend the expiry date of 6,351,466 common
share purchase warrants (the "Initial Warrants") in accordance with
TSXV Policy 4.1. In addition to the Initial Warrants, the TSXV has
also approved the extension of the expiration date for 1,190,000
common share purchase warrants (the "Additional Warrants") issued
on September 12, 2012.
The term of the Warrants and the Additional Warrants has been
extended as follows:
Number of Warrants |
Exercise Price |
|
Original Issuance Date |
|
Original Warrant Term |
|
Original Expiry Date |
|
Amended Expiry Date |
4,402,166 |
$0.45 |
|
August 20, 2012 |
|
18 months |
|
February 20, 2014 |
|
August 20, 2014 |
1,949,300 |
$0.40 |
|
August 20, 2012 |
|
18 months |
|
February 20, 2014 |
|
August 20, 2014 |
1,190,000 |
$0.45 |
|
September 12, 2012 |
|
18 months |
|
March 12, 2014 |
|
September 12, 2014 |
The expiration date of the 424,745 compensation options
mentioned in the February 11, 2014 news release has not been
extended.
Project and Company Profile
Integra's Lamaque gold project is located in the heart of the
Val-d'Or gold camp in the Province of Québec, Canada, approximately
550 km northwest of Montréal. Québec is rated one of the best
mining jurisdictions in the world. Infrastructure, human resources
and mining expertise are readily available.
The Company's primary objective is to continue to prove up
additional resources while advancing the existing resource towards
production. The project is divided into three main clusters of
mineralization, the North, South and West Cluster. The North
Cluster consists of the Parallel, Fortune, No. 5 Plug, and No. 3
Mine zones and is located approximately 1 km northwest from the
South Cluster, which includes the No. 4 Plug, Triangle and Triangle
South zones. The Sixteen Zone and No. 6 Vein form the West
Cluster.
ON BEHALF OF THE
BOARD OF DIRECTORS
Stephen de Jong,
CEO & President
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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 news
release.
Cautionary Note Regarding Forward Looking Statements:
Certain disclosures in this release constitute forward-looking
statements. In making the forward-looking statements in this
release, the Company has applied certain factors and assumptions
that are based on the Company's current beliefs as well as
assumptions made by and information currently available to the
Company, including that the Company is able to obtain any
government or other regulatory approvals required to complete the
private placement and Company's planned exploration activities,
that the Company is able to complete the private placement, that
the Company is able to procure personnel, equipment and supplies
required for its exploration activities in sufficient quantities
and on a timely basis and that actual results of exploration
activities are consistent with management's expectations. Although
the Company considers these assumptions to be reasonable based on
information currently available to it, they may prove to be
incorrect, and the forward-looking statements in this release are
subject to numerous risks, uncertainties and other factors that may
cause future results to differ materially from those expressed or
implied in such forward-looking statements. Such risk factors
include, among others, that the private placement will not be
completed, that actual results of the Company's exploration
activities will be different than those expected by management and
that the Company will be unable to obtain or will experience delays
in obtaining any required government approvals or be unable to
procure required equipment and supplies in sufficient quantities
and on a timely basis. Readers are cautioned not to place undue
reliance on forward-looking statements. The Company does not
intend, and expressly disclaims any intention or obligation to,
update or revise any forward-looking statements whether as a result
of new information, future events or otherwise, except as required
by law.
Corporate Inquiries:Integra Gold Corp.Chris
Gordonchris@integragold.comwww.integragold.com
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