12:25 PM EST, 11/08/2024 (MT Newswires) -- Integra Resources ( ITRG ) on Friday said it completed its $95.6-million acquisition of Florida Canyon Gold following shareholder approval for the deal lase month

Florida Canyon shareholders receive 0.467 of an Integra share for Florida Canyon and the company said it issued 65.21-million shares to pay for the acquisition.

Forida Canayon shares will be delisted from the TSX Venture Exchange at market close on or about Nov. 12.

"We are thrilled to announce the completion of this transformational Transaction for Integra," Integra chief executive Jason Kosec said in a statement. ... The Florida Canyon Mine will play a crucial role in realizing our long-term vision of becoming a leading mid-tier precious metals producer."

Integra shares were last seen down $0.045 to $1.445 on the TSX Venture Exchange.

Price: 1.45, Change: -0.04, Percent Change: -3.02