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INTEGRA ANNOUNCES RECEIPT OF FINAL CASH INSTALLMENT OF US$4.875 FROM WHEATON PRECIOUS METALS IN CONNECTION WITH DELAMAR ROYALTY SALE

Newswire.ca - Mon Jul 8, 3:07PM CDT

TSXV: ITR; NYSE American: ITRG
www.integraresources.com

VANCOUVER, BC, July 8, 2024 /CNW/ - Integra Resources Corp. ("Integra" or the "Company") (TSXV: ITR) (NYSE American: ITRG) is pleased to announce that following the satisfaction of certain closing conditions, it has received the final cash installment of US$4.875 million in connection with the previously announced royalty transaction between its wholly-owned subsidiary, DeLamar Mining Company, and Wheaton Precious Metals (Cayman) Co., a wholly-owned subsidiary of Wheaton Precious Metals Corp. ("Wheaton").  Wheaton acquired a 1.5% net smelter returns royalty on metal production from all claims of the DeLamar and Florida Mountain Deposit (together "DeLamar" or the "Project") for an aggregate cash purchase price of US$9.75 million, paid in two installments (the "Transaction"). Integra received the first installment of US$4.875 million on March 7, 2024.

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