Mr. Jason Kosec reports

INTEGRA ANNOUNCES C$10 MILLION BOUGHT DEAL PUBLIC OFFERING

Integra Resources Corp. has entered into an agreement with a syndicate of underwriters, pursuant to which the underwriters have agreed to purchase, on a bought-deal basis, 11,112,000 units of the company at a price of 90 cents per unit for gross proceeds of approximately $10-million.

Each unit will consist of one common share of the company and one-half of one common share purchase warrant. Each warrant will entitle the holder thereof to purchase one common share at an exercise price of $1.20 for a period of 36 months from the closing of the offering.

The underwriters also have an option to purchase that number of additional units equal to 15 per cent of the number of units sold pursuant to the offering at offering price, for market stabilization purposes and to cover overallotments for a period expiring 30 days after the date of closing.

The company intends to use the net proceeds from the offering to finance exploration and development expenditures at the DeLamar project and the Nevada North project, and for working capital and general corporate purposes.

The offering will be qualified by way of a prospectus supplement to the company's existing base shelf prospectus in each of the provinces and territories of Canada (other than the province of Quebec). The prospectus supplement (together with the base shelf prospectus) will be available on SEDAR+.

Closing is expected on or about March 13, 2024, and is subject to TSX Venture Exchange and other necessary regulatory approvals. The company will also use its best efforts to list the warrants on the TSX-V.

We seek Safe Harbor.