The TSX Venture Exchange has accepted for filing documentation pertaining to an option agreement dated effective Nov. 1, 2023, between DeLamar Mining Company (DMC), a wholly owned subsidiary of Integra Resources Corp., and an arm's-length vendor, whereby DMC was granted an option to acquire from the vendor 100 per cent of the issued and outstanding membership interests of Rich Gulch LLC, which owns an undivided 100-per-cent interest in 17 patented mining claims, located in Owyhee county in the state of Idaho, through a membership interest purchase agreement (MIPA).

In consideration for grant of the option, DMC paid the vendor $24,100 (U.S.) in cash. Under the MIPA, the purchase price for the interests was $2.1-million (U.S.), payable through issuance of common shares of the company. Upon closing, the company issued 2,959,769 common shares of the company to the vendor as consideration for the acquisition of the interests.

This transaction is arm's length in nature and no finder's fee is payable.

For further details, please refer to the company's news releases dated Feb. 28, 2024, and March 11, 2024.