Florida Canyon is Now an Integra Subsidiary
“The Florida Canyon mine will play a crucial role in realizing our long-term vision of becoming a leading mid-tier precious metals producer,” said Jason Kosec, president, CEO and director of Integra. “Today marks the beginning of a new chapter for Integra as a Great Basin focused precious metals producer.”
Under the terms of the transaction, Integra acquired all of the FCG shares. Former FCG shareholders are entitled to receive 0.467 of a common share of Integra for each FCG share held. FCG is now a subsidiary of Integra. FCG also sold its Mexican assets to Heliostar.