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     411  0 Kommentare Integra Gold Corp. Announces Closing of $15.98 Million Bought Deal Financing and $2.56 Million Private Placement With Eldorado Gold Corporation

    VANCOUVER, BC--(Marketwired - February 11, 2016) -

    NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN

    Integra Gold Corp. (TSX VENTURE: ICG) (OTCQX: ICGQF) ("Integra" or the "Company") is pleased to announce the closing of the previously announced bought deal offering of 31,950,000 flow-through common shares (the "Flow-Through Shares"), including partial exercise of the over-allotment option, for gross proceeds of $15,975,000 (the "Offering") by way of short form prospectus. The Offering was led by Cormark Securities Inc., on behalf of a syndicate of underwriters including Paradigm Capital Inc., GMP Securities L.P., Macquarie Capital Markets Canada Ltd., Beacon Securities Limited, Haywood Securities Inc. and Mackie Research Capital Corporation.

    The proceeds received by the Company from the sale of the Flow-Through Shares will be used to incur Canadian exploration expenditures that are "flow-through mining expenditures" (as such terms are defined in the Income Tax Act (Canada)) on the Company's Québec mineral claims and mining concessions, which will be renounced to the subscribers with an effective date no later than December 31, 2016, in the aggregate amount of not less than the total amount of the gross proceeds raised from the issue of Flow-Through Shares under the Offering.

    The Company is pleased to also announce the closing of its previously announced private placement with Eldorado Gold Corporation ("Eldorado") whereby Eldorado has invested approximately $2.56 million in Integra by way of a non-brokered private placement of common shares of Integra (the "Private Placement").

    Under the terms of a share purchase agreement between Integra and Eldorado dated February 1, 2016, Eldorado purchased 8,111,895 common shares of Integra (collectively, the "Eldorado Shares") at a price of $0.315 per Eldorado Share for gross proceeds of $2,555,246.93. The Eldorado Shares issuable pursuant to the Private Placement are subject to a statutory four-month hold period expiring June 12, 2016. The net proceeds received by the Company from the Private Placement will be used for continued exploration on the Company's Lamaque Project and general working capital.

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    Integra Gold Corp. Announces Closing of $15.98 Million Bought Deal Financing and $2.56 Million Private Placement With Eldorado Gold Corporation VANCOUVER, BC--(Marketwired - February 11, 2016) - NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN Integra Gold …