Voting Results for the Annual General Meeting of Shareholders Held on June 29, 2021
VANCOUVER, June 30, 2021 - Integra Resources Corp. ("Integra" or the "Company") is pleased to report the voting results from its Annual General Meeting of Shareholders held on June 29, 2021. A total of 22,225,932 common shares have been voted, representing 40.55% of the Company's outstanding shares. 1. Number of Directors
Setting the number of directors at 7 was approved.
| For % | Against % | |||
| To Set the Number of Directors at 7 | 99.97% | 0.03% | ||
2. Election of Directors
The following individuals were elected as directors for the ensuing year: Stephen de Jong, George Salamis, David Awram, Timo Jauristo, Anna Ladd-Kruger, C.L. "Butch" Otter, and Carolyn Clark Loder. The following is a summary of the voting results for the Company's 7 directors:
| Nominees | For % | Withheld % |
| Stephen de Jong | 97.98% | 2.02% |
| George Salamis | 93.35% | 6.65% |
| David Awram | 91.35% | 8.65% |
| Timo Jauristo | 99.98% | 0.02% |
| Anna Ladd-Kruger | 99.96% | 0.04% |
| C.L. "Butch" Otter | 99.96% | 0.04% |
| Carolyn Clark Loder | 99.98% | 0.02% |
3. Appointment of MNP LLP as Auditors of the Company
MNP LLP, Chartered Professional Accountants, were appointed as auditors of the Company at a remuneration to be fixed by the directors.
| For % | Withheld % | |
| Appointment of MNP LLP as Auditors of the Company | 99.98% | 0.02% |
4. Approval of the Amended and Restated Equity Incentive Plan
The Company's Amended and Restated Equity Incentive Plan was approved by disinterested shareholders.
| For % | Against % | |
| Approval of the Amended and Restated Equity Incentive Plan | 86.58% | 13.42% |
The Company's Amended and Restated Equity Incentive Plan is a "rolling" plan, pursuant to which the aggregate number of common shares to be issued under the plan shall not exceed 10% of the Company's issued and outstanding common shares. The Amended and Restated Equity Incentive Plan increases the maximum number of common shares underlying RSUs and DSUs to 1,200,000 and 400,000, respectively. The Amended and Restated Equity Incentive Plan also amends the applicable corporate statute to the Business Corporations Act (British Columbia). Please see the Company's Management Information Circular dated May 14, 2021 for further information on the Company's Amended and Restated Equity Incentive Plan.
About Integra Resources
Integra Resources is a development-stage mining company focused on the exploration and de-risking of the past producing DeLamar Gold-Silver Project in Idaho, USA. Integra is led by the management team from Integra Gold Corp. which successfully grew, developed and sold the Lamaque Project, in Quebec, for C$600 M in 2017. Since acquiring the DeLamar Project, which includes the adjacent DeLamar and Florida Mountain gold and silver Deposits, in late 2017, the Company has demonstrated significant resource growth and conversion while providing a robust economic study in its maiden Preliminary Economic Assessment. The Company is currently focused on resource growth through brownfield and greenfield exploration and the start of pre-feasibility level studies designed to advance the DeLamar Project towards a potential construction decision. For additional information, please reference the "Technical Report and Preliminary Economic Assessment for the DeLamar and Florida Mountain Gold - Silver Project, Owyhee County, Idaho, USA (October 22, 2019)."
ON BEHALF OF THE BOARD OF DIRECTORS
George Salamis
President, CEO and Director
CONTACT INFORMATION
Corporate Inquiries: ir@integraresources.com
Company website: www.integraresources.com
Office phone: 1 (604) 416-0576
Forward looking and other cautionary statements
This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussion with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often, but not always using phrases such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and may be forward-looking statements. . In this news release, forward-looking statements relate, among other things, to: statements about the estimation of mineral resources; magnitude or quality of mineral deposits; anticipated advancement of mineral properties or programs; future operations; future exploration prospects; the completion and timing of mineral resource estimates and Pre-feasibility studies; future growth potential of Integra; future underground exploration plans and future development plans.
These forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business. Management believes that these assumptions are reasonable. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include, among others: risks related to the speculative nature of the Company's business; the Company's formative stage of development; the Company's financial position; possible variations in mineralization, grade or recovery rates; actual results of current exploration activities; actual results of reclamation activities; conclusions of future economic evaluations; business integration risks; fluctuations in general macroeconomic conditions; fluctuations in securities markets; fluctuations in spot and forward prices of gold, silver, base metals or certain other commodities; fluctuations in currency markets (such as the Canadian dollar to United States dollar exchange rate); change in national and local government, legislation, taxation, controls regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formation pressures, cave-ins and flooding); inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); and title to properties. Although the forward-looking statements contained in this news release are based upon what management of Integra believes, or believed at the time, to be reasonable assumptions, Integra cannot assure its shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be anticipated, estimated or intended.
Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results, except as may be required by applicable securities laws. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.
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 release.