Integra Gold Corp.

Published : December 30th, 2014

Integra Gold Corp. Closes $8.2 Million Bought Deal Offering

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Keywords :   Canada | Gold | K Street |

Integra Gold Corp. Closes $8.2 Million Bought Deal Offering

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P.O Box 11144, Royal Centre

#2270 -1055 West Georgia Street

Vancouver, BC Canada, V6E 3P3

Email: [email protected]

FOR IMMEDIATE RELEASE TSX-V: ICG, OTCQX: ICGQF

December 30, 2014 www.integragold.com

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Integra Gold Corp. Closes $8.2 Million Bought Deal Offering

VANCOUVER, BC: Integra Gold Corp. (TSX-V: ICG, OTCQX: ICGQF) ("Integra" or the "Company") is pleased to announce that it has closed its "bought deal" private placement, including exercise of the over-allotment option in full (the "Offering"), of flow-through common shares of the Company (the "Flow-Through Shares") and Québec super flow-through common shares of the Company (the "Super Flow-Through Shares"), as previously announced on December 11, 2014, through a syndicate of underwriters led by Paradigm Capital Inc. and Cormark Securities Inc., for gross proceeds of C$8,174,284.

"We are pleased to have completed this financing at a significant premium to our current share price, and with the positive response from investors. With over $11 million in cash Integra is now well- positioned to advance exploration at the Lamaque Project in 2015," commented Company CEO, Stephen de Jong.
The Company intends to use the proceeds of the Offering for "Canadian Exploration Expenses" (within the meaning of the Income Tax Act (Canada)) related to the Company's Québec mineral concessions. The Company will agree to renounce such Canadian Exploration Expenses with an effective date of no later than December 31, 2014.
Total underwriters' commission of $490,457.04 was paid in conjunction with the Offering and an aggregate of 1,675,930 compensation options (the "Compensation Options") were granted to the underwriters. The Compensation Options entitle the holder to purchase one Common Share at a price of
$0.23 for 12 months following the closing of the Offering.
All common shares issued and issuable hereunder (including those issuable upon the exercise of
Compensation Options), are subject to a hold period expiring May 1, 2015.

Project and Company Profile

Integra's Lamaque South Gold Project and Sigma-Lamaque Milling Complex and Mine are located directly east from the city of Val d'Or along the prolific Abitibi Greenstone belt 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.

- 2 -

The Company's primary focus is on production planning for its high-grade Lamaque South project. The Lamaque South property is divided into three clusters, the North, South and West cluster. The primary targets are the high-grade Parallel Zone in the North Cluster and the Triangle Zone in the South Cluster. The acquired Sigma Mill, located 1 kilometer from the Parallel Zone and 3 kilometers from the Triangle Zone, is a fully-permitted, 2,200 ton per day mill and tailings facility. The Sigma-Lamaque Mill and Mining Complex include the historic Sigma and Lamaque Mines which operated for 60 and 50 years respectively and produced more than 9 million ounces of gold in total.

ON BEHALF OF THE BOARD OF DIRECTORS

Stephen de Jong

CEO & President

CONTACT INFORMATION

Corporate Inquiries: Chris Gordon: [email protected]
Or visit the company website: www.integragold.com
Follow Integra Gold On:

Twitter: http://twitter.com/integragoldcorp

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. 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, those matters identified in its continuous disclosure filings, including its most recently filed MD&A. Readers are cautioned not to place undue reliance on f orward-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.

Read the rest of the article at www.noodls.com
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Integra Gold Corp.

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CODE : ICG.V
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Integra Gold is a gold exploration company based in Canada.

Integra Gold holds various exploration projects in Canada.

Its main exploration properties are CHAPLEAU, WAWA, CLAW LAKE, AIRPORT, BLACK LAKE and LAMARQUE PROJECT in Canada.

Integra Gold is listed in Canada. Its market capitalisation is CA$ 407.6 millions as of today (US$ 321.3 millions, € 278.6 millions).

Its stock quote reached its highest recent level on March 13, 1998 at CA$ 9.50, and its lowest recent point on November 28, 2008 at CA$ 0.10.

Integra Gold has 479 529 984 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
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Financings of Integra Gold Corp.
9/5/2013Closes Private Placement for Total Proceeds of $4,361,075
8/12/2013Closes First Tranche and Increases Private Placement to $3,2...
Nominations of Integra Gold Corp.
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1/22/2013Appoints George Salamis to Board of Directors
Project news of Integra Gold Corp.
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6/8/2016Integra Gold intersects 33.55 g/t gold (uncut) over 3.2 m in...
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6/8/2016Integra Gold intersects 33.55 g/t gold (uncut) over 3.2 m in...
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6/8/2016Integra Gold intersects 33.55 g/t gold (uncut) over 3.2 m in...
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Corporate news of Integra Gold Corp.
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6/28/2016Integra Gold Intersects 10.26 g/t Gold over 10.9 metres, 9.9...
6/28/2016Integra Gold Intersects 10.26 g/t Gold over 10.9 metres, 9.9...
6/28/2016Integra Gold Intersects 10.26 g/t Gold over 10.9 metres, 9.9...
6/28/2016Integra Gold Intersects 10.26 g/t Gold over 10.9 metres, 9.9...
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6/28/2016Integra Gold Intersects 10.26 g/t Gold over 10.9 metres, 9.9...
6/28/2016Integra Gold Intersects 10.26 g/t Gold over 10.9 metres, 9.9...
6/28/2016Integra Gold Intersects 10.26 g/t Gold over 10.9 metres, 9.9...
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3/30/2015Integra Gold SEDAR Files NI 43-101 Technical Report for the ...
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3/2/2015Integra Gold Files PEA Technical Report on SEDAR
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2/20/2015Integra Gold Appoints Charles Oliver to Board of Directors
2/11/2015IIROC Trading Resumption - ICG
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2/10/2015IIROC Trading Halt - ICG
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1/13/2015Integra Gold Announces Updated PEA Incorporating Acquisition...
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1/13/2015Integra Gold Announces Updated PEA Incorporating Acquisition...
1/7/2015Integra Gold Announces Drill Results from 2014 Fortune and N...
1/7/2015Integra Gold Announces Drill Results From 2014 Fortune and N...
12/30/2014Integra Gold Corp. Closes $8.2 Million Bought Deal Offering
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12/2/2014Integra Gold Condemnation Drilling Discovers Triangle Zone E...
12/2/2014Integra Gold Condemnation Drilling Discovers Triangle Zone E...
11/14/2014Integra Gold Clarifies Technical Disclosure
9/25/2013Increases Indicated Resources 304% at the Lamaque Gold Proje...
9/18/2013Receives $752,094 Quebec Resource Tax Rebate
8/28/2013Closes $542,210 Second Tranche
7/31/2013Adds Second Drill to Lamaque Gold Project, Commences 5,000 M...
7/25/2013Reports Increase in Gold Recovery to 96% for South Cluster S...
7/17/2013Commences Drill Program on New Geophysical Target 500 Meters...
6/5/2013Intersects 8.86 g/t Gold Over 8.3 m and 81.62 g/t Gold Over ...
5/1/2013Reports Up to 98% Gold Recovery from Phase 1 Metallurgical T...
4/23/2013Intersects 7.1 g/t Gold Over 19.5 Meters, Widest Intercepts ...
4/4/2013Intersects 5.2 g/t Gold Over 13 Meters at Triangle Zone, Lam...
3/20/2013Commissions AMEC to Conduct Environmental Baseline Study and...
2/20/2013Performs Metallurgical Testing at Lamaque Gold Project, Val ...
1/28/2013Commences Drilling at Triangle Zone, Provides Project Update...
10/24/2012Commences 10,000 Meter Drill Program on the No. 5 Plug at La...
10/10/2012Intersects 48.7 g/t Gold Over 2 m, 29.07 g/t Gold Over 2 m, ...
9/13/2012Increases and Closes Second and Final Tranche for Total Proc...
7/12/2011Intersects 23.3 g/t Gold Over 5.4 Meters at the Triangle Zon...
6/27/2011Announces Lamaque Gold Project NI 43-101 Mineral Resource Es...
5/13/2011Provides Corporate Update
4/26/2011Intersects 36.55 g/t Gold Over 4.5 Meters at the Triangle Zo...
4/5/2011Intersects 14.7 g/t Gold Over 3.5 Meters at the No. 5 Plug o...
2/17/2011Commences 20,000 Meter Drill Program at Lamaque
1/28/2011Integra Gold Corp. 2011 Corporate Update
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