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Analysts Are Bullish on Integra Resources Corp. (ITRG) – Here’s Why
Yahoo Finance· 2026-02-13 16:44
Group 1 - Integra Resources Corp. (NYSE:ITRG) is considered a strong buy penny stock, with price targets set at C$9 by both Stifel and Raymond James, maintaining a Buy rating [1][2] - The company completed a bought deal public offering of 18,121,600 common shares at $3.40 per share, raising aggregate gross proceeds of $61,613,440 [2][3] - The offering was led by Canaccord Genuity Corp. and Stifel Nicolaus Canada Inc., with plans to use the net proceeds for pre-production capital expenditures at the DeLamar Project [3] Group 2 - Integra Resources Corp. is a development-stage company focused on the acquisition, development, and exploration of mineral properties in the Americas [4]
Emerita Resources to Petition the Administrative Court to Issue Its Ruling With Respect to the Aznalcollar Public Tender Dispute, Forgoes Appeal of Criminal Trial
Globenewswire· 2025-12-17 14:51
Core Viewpoint - Emerita Resources Corp. is petitioning the Administrative Court of Andalucia regarding alleged irregularities in the awarding of the Aznalcollar public tender, while deciding not to appeal a recent criminal case ruling after consulting with Spanish legal counsel [1][3]. Legal Proceedings - The company aims to focus its legal efforts on obtaining rights to develop the Aznalcollar project, as the Administrative Court is deemed the appropriate venue for resolving the public tender issue [2][3]. - Spanish legal counsel believes Emerita has a strong case based on evidence from a detailed police investigation and the lengthy criminal trial, indicating significant administrative errors in the tender process [2]. Allegations of Errors - Emerita's complaint to the Administrative Court includes several alleged errors, such as: - The Minorbis consortium's failure to meet the requirements of the first stage of the Public Tender, making them ineligible for subsequent stages [5]. - The Minorbis bid being incomplete or non-compliant with the tender's defined criteria [5]. - Incorrect interpretation and application of scoring/evaluation criteria to the bids [5]. - The concession being awarded to Minera Los Frailes, which did not participate in the public tender, instead of the bidding entity, Minorbis-Grupo Mexico, which allegedly violates Spanish administrative and EU procurement law [5]. Timeline and Expectations - The company does not have a firm estimate on when the Administrative Court will issue its resolution, but past experiences suggest a timeframe of 2-3 months [1]. - An appeal of the Criminal Case to the Supreme Court is viewed as unlikely to change the sentencing and could delay the Administrative Court's process by 18-24 months [3]. Company Overview - Emerita Resources Corp. is focused on the acquisition, exploration, and development of mineral properties in Europe, particularly in Spain, with its corporate office and technical team based in Sevilla, Spain, and an administrative office in Toronto, Canada [4].
Panther Minerals Closes Fully Subscribed $2.3 Million LIFE Offering and Concurrent Private Placement
Thenewswire· 2025-11-04 13:30
Core Viewpoint - Panther Minerals Inc. successfully closed a non-brokered financing offering and a concurrent private placement, raising total gross proceeds of $2,300,320 [1][2]. Financing Details - The LIFE Offering raised $100,320 by issuing 627,000 units, while the Private Placement raised $2,200,000 by issuing 13,750,000 units [2]. - Each unit under the LIFE Offering consists of one common share and one common share purchase warrant, with warrants priced at $0.21 per share, exercisable for 24 months starting 60 days after issuance [3]. - Each unit under the Private Placement also consists of one common share and one common share purchase warrant, with warrants priced at $0.25 per share, exercisable for 24 months [4]. Use of Proceeds - The net proceeds from the financing will be used for general working capital, corporate purposes, advancing mineral projects, and repaying outstanding obligations [5]. Finder's Fees and Broker Warrants - The Company paid cash finder's fees totaling $147,002.40 and issued 1,000,000 common shares as consideration for services related to the financing [6]. - Additionally, broker warrants were issued, with 43,890 related to the LIFE Offering and 881,125 related to the Private Placement, having the same terms as the respective offering warrants [6]. Company Overview - Panther Minerals Inc. is focused on the acquisition and exploration of mineral properties, particularly precious and base metals, with an emphasis on drill-ready projects with high upside potential [7].
Emerita Announces Upsize to C$25M Brokered Private Placement Financing
Globenewswire· 2025-08-13 19:31
Group 1 - Emerita Resources Corp. has increased the size of its previously announced private placement from $15,000,090 to up to $24,999,975 due to strong investor demand [1][2] - The Offering will consist of up to 23,809,500 units priced at $1.05 per unit, with each unit comprising one common share and one-half of a common share purchase warrant [2] - Each warrant will allow the holder to purchase one common share at an exercise price of $1.30 for a period of 24 months following the completion of the Offering [2] Group 2 - The net proceeds from the Offering will be utilized for exploration and development work on the Company's Spanish mineral properties, as well as for general corporate and working capital purposes [3] - The Offering will be conducted under the Listed Issuer Financing Exemption, meaning the securities issued will not be subject to a statutory hold period under Canadian securities laws [4] - The Offering is expected to close on or about August 26, 2025, pending necessary approvals, including that of the TSX Venture Exchange [5] Group 3 - Emerita Resources Corp. is focused on the acquisition, exploration, and development of mineral properties in Europe, primarily in Spain, with its corporate office in Sevilla and an administrative office in Toronto [8]