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Integra Gold raising C$7M to fund exploration program

Integra Gold Corp. said Dec. 13 that it plans to raise C$7.0 million through a nonbrokered private placement comprising 7 million Quebec super flow-through common shares at C$1 apiece.

Proceeds will be used to advance its surface exploration program, which is focused on expanding or establishing mineralization at several known gold deposits.

The offering is expected to close by Dec. 20.

Integra Gold's primary focus is the Lamaque South gold project in Ontario.