Florida Canyon is Now an Integra Subsidiary


Integra Resources Corp. reported that the business combination between it and Florida Canyon Gold, Inc. (FCG) was recently completed. The transaction was overwhelmingly approved by shareholders of FCG at a special meeting held on October 25, 2024.

“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.


As featured in Womp 2024 Vol 12 - www.womp-int.com