The Offering will consist of flow through shares ("FT Shares") and non-flow through units ("NFT Units"). Each FT Share (at a price of $0.26 per Quebec FT Share or $0.20 per National FT Share), consists of one flow through common share and no warrant. Each NFT Unit is priced at $0.17 and consists of one common share and one-half of one non-transferable, non-flow through common share purchase warrant ("Warrant").

Each Warrant will entitle the holder to purchase one common share at an exercise price of $0.26 for 18 months following completion of the Offering. Should the Company’s shares trade on the TSX Venture Exchange at a weighted average price of greater than $0.45 for any ten consecutive trading day period the Company may, on written notice to the holders of the Warrants, reduce the exercise period of the Warrants to a date that is not less than 30 days from the date of the notice. The shares will be subject to a statutory four month hold period.

The Company anticipates the majority of the Offering will close in a first tranche shortly. To allow flexibility for some of its investors through the holiday season Integra anticipates closing the remaining in a second tranche in early January.

The proceeds from the issuance of the National or Quebec FT Shares in December 2013 tranche(s) will qualify as Canadian and/or Quebec exploration expenses which will be renounced to investors no later than December 31, 2013. The Company intends to use the net proceeds of the Offering primarily for expenditures on the Company’s Lamaque property and for general working capital.

Finder’s fees of 7% cash and 7% brokers’ warrants are payable in respect of these funds. Considering the anticipated allocation between FT Shares and NFT Units, the Company expects the maximum shares issued will be 19,500,000. The Company reserves the right to increase the size of the private placement or to modify the type, nature and/or price.


Integra’s Lamaque Gold Project is located in the heart of the Val-d’Or gold camp in the Province of Québec, Canada, approximately 550 km northwest of Montréal. Québec is rated one of the best mining jurisdictions in the world. Infrastructure, human resources and mining expertise are readily available.