Vancouver, British Columbia--(Newsfile Corp. - December 23, 2025) - Beedie Investments Ltd. ("Beedie Capital") announces it has completed an internal reorganization (the "Reorganization") of the holdings of Beedie Capital, pursuant to which: (i) Beedie Capital assigned and transferred 19,085,762 common shares ("Common Shares") in the capital of Integra Resources Corp. ("Integra Resources") and 1,250,000 common share purchase warrants ("Warrants") in the capital of Integra Resources to Beedie Capital Investments Ltd. ("Beedie Capital Investments"); and (ii) Beedie Capital assigned and transferred all of the outstanding shares of Beedie Capital Investments to Beedie Capital Holdings Ltd. ("Beedie Capital Holdings"), resulting in Beedie Capital Investments being a wholly-owned subsidiary of Beedie Capital Holdings. The aforementioned securities were valued at their original acquisition cost when transferred by Beedie Capital to Beedie Capital Investments as part of the Reorganization.
Each of Beedie Capital Investments and Beedie Capital Holdings is a wholly-owned subsidiary of Beedie Capital.
Immediately prior to the completion of the internal Reorganization, Beedie Capital, directly or indirectly, would own or control a total of 19,085,762 Common Shares, representing approximately 10.51% of the issued and outstanding Common Shares on a non-diluted basis, and assuming conversion in full of the 1,250,000 Warrants, 20,335,762 Common Shares, representing approximately 11.12% of the issued and outstanding Common Shares on a partially diluted basis.
Immediately following the completion of the internal Reorganization, Beedie Capital, indirectly through Beedie Capital Investments, would continue to own or control a total of 19,085,762 Common Shares, representing approximately 10.51% of the issued and outstanding Common Shares on a non-diluted basis, assuming conversion in full of the 1,250,000 Warrants, 20,335,762 Common Shares, representing approximately 11.12% of the issued and outstanding Common Shares on a partially diluted basis.
All of the securities held by Beedie Capital in Integra Resources, including the Common Shares and the Warrants, are being held for investment purposes. Beedie Capital may in the future take such actions in respect of its Integra Resources securityholdings as it deems appropriate in light of the market circumstances then existing, including the potential purchase of additional shares of Integra through open market purchases or privately negotiated transactions, a corporate transaction, such as a merger, reorganization or liquidation, involving Integra Resources, or the sale of all or a portion of such holdings in the open market or in privately negotiated transactions to one or more purchasers, or Beedie Capital may continue to hold its current positions.
A copy of the early warning report relating to the Common Shares and the Warrants will be available under Integra Resources' profile on SEDAR+ at www.sedarplus.ca, and may also be obtained by contacting Beedie Investments Ltd. at 604-435-3321. Beedie Capital's head office is located at Suite 900 - 1111 West Georgia St. Vancouver, BC V6E 4M3.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/278974
