Integra Resources Management

Management criteria checks 2/4

Integra Resources' CEO is Jason Kosec, appointed in May 2023, has a tenure of 1.5 years. total yearly compensation is $689.45K, comprised of 21.2% salary and 78.8% bonuses, including company stock and options. directly owns 0.37% of the company’s shares, worth $583.34K. The average tenure of the management team and the board of directors is 1.7 years and 3.8 years respectively.

Key information

Jason Kosec

Chief executive officer

US$689.4k

Total compensation

CEO salary percentage	21.2%
CEO tenure	1.5yrs
CEO ownership	0.4%
Management average tenure	1.7yrs
Board average tenure	3.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jason Kosec's remuneration changed compared to Integra Resources's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-US$26m
Jun 30 2024	n/a	n/a	-US$27m
Mar 31 2024	n/a	n/a	-US$28m
Dec 31 2023	US$689k	US$146k	-US$29m

Compensation vs Market: Jason's total compensation ($USD689.45K) is below average for companies of similar size in the US market ($USD1.46M).

Compensation vs Earnings: Insufficient data to compare Jason's compensation with company performance.

CEO

Jason Kosec (36 yo)

1.5yrs

Tenure

US$689,448

Compensation

Mr. Jason Kosec serves as President, Chief Executive Officer and Director at Integra Resources Corp. since May 04, 2023. He serves as a Director of Green Light Metals Inc. since June 26, 2024. He was Chief...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
George Salamis	Executive Chair of the Board of Directors	6.8yrs	US$768.17k	0.47% $ 735.8k
Jason Kosec	President	1.5yrs	US$689.45k	0.37% $ 583.3k
Andree St-Germain	Chief Financial Officer	7.3yrs	US$444.56k	0.11% $ 168.7k
Jason Banducci	Vice President of Corporate Development & Investor Relations	1.8yrs	no data	0.043% $ 68.2k
Mark Stockton	Vice President of External Affairs & Sustainability	3.9yrs	no data	0.045% $ 70.6k
Raphael Dutaut	Vice President of Geology & Mining	less than a year	no data	0.016% $ 24.8k
Leanne Nakashimada	Corporate Secretary	no data	no data	0.0041% $ 6.4k

1.7yrs

Average Tenure

44yo

Average Age

Experienced Management: ITRG's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
George Salamis	Executive Chair of the Board of Directors	6.8yrs	US$768.17k	0.47% $ 735.8k
Jason Kosec	President	1.5yrs	US$689.45k	0.37% $ 583.3k
Ian Atkinson	Director	no data	no data	0.048% $ 75.2k
Timo Jauristo	Independent Non-Executive Director	6.8yrs	US$99.53k	0.017% $ 26.0k
Anna Ladd-Kruger	Lead Independent Director	5.9yrs	US$101.37k	0.0029% $ 4.5k
Janet Yang	Director	no data	no data	0.038% $ 59.7k
Carolyn Loder	Independent Director	3.8yrs	US$108.63k	no data
Eric Tremblay	Independent Director	1.5yrs	US$87.14k	0.010% $ 15.7k
Clement Otter	Independent Director	5.2yrs	US$103.63k	no data

3.8yrs

Average Tenure

62yo

Average Age

Experienced Board: ITRG's board of directors are considered experienced (3.8 years average tenure).

Integra Resources Management

Management criteria checks 2/4

Key information

Recent management updates

Integra Resources Corp. Announces Board Changes

Integra Resources Corp., Annual General Meeting, Jun 21, 2024

Integra Resources Corp. Announces Retirement of Timothy Arnold as Chief Operating Officer at the End of 2023

Key Executive recently bought US$54k worth of stock

Integra Resources Corp. Appoints Jason Kosec as Chief Executive Officer

Insufficient new directors

Recent updates

New major risk - Shareholder dilution

New major risk - Revenue and earnings growth

Integra Resources Corp. Announces Board Changes

Integra Resources Corp. announced that it has received CAD 20.115 million in funding from Beedie Investments Ltd.

New minor risk - Share price stability

Integra Resources Corp. announced that it expects to receive CAD 20.115 million in funding from Beedie Investments Ltd.

Integra Resources Corp. (TSXV:ITR) agreed to acquire Florida Canyon Gold Inc. (TSXV:FCGV) for CAD 94.74 million.

Integra Resources Corp. announced that it expects to receive CAD 20.115 million in funding

New major risk - Financial position

Integra Resources Corp., Annual General Meeting, Jun 21, 2024

Integra Resources Corp. announced that it has received CAD 2.735 million in funding

Integra Resources Corp. has completed a Composite Units Offering in the amount of CAD 14.950575 million.

Integra Resources Corp. has completed a Composite Units Offering in the amount of CAD 13.0005 million.

Integra Resources Corp. Intersects 1.46 g/t Aueq over 134 M in Metallurgical Drill Program At Delamar

Integra Resources Corp. Intersects 4.07 G/T AuEq over 41 M and 0.91 g/t AuEq over 157 M in Metallurigical Drill Program At Delamar

Integra Resources Corp. Announces Retirement of Timothy Arnold as Chief Operating Officer at the End of 2023

Integra Resources Corp. Submits Draft Mine Plan of Operations for the Delamar Project

Integra Resources Corp. Files Technical Report for Updated Mineral Resource Estimate at the Delamar Project

Integra Resources Corp. Announces Updated Mineral Resource Estimate at Delamar, Including the Addition of +500,000 Ounces Aueq (M&I) Through Successful Stockpile Drill Program

Integra Resources Corp. Reports Final Oxide Drill Results and Key Observations from Stockpile Drill Program at DeLamar

Integra Resources Corp. Announces Additional Oxide Drill Results from Stockpile Drill Program At Delamar, Including 0.74 g/t AuEq over 53 M and 0.53 g/t AuEq over 120 M

Integra Resources Corp. Announces Drill Results from 20 Additional Drill Holes, Representing 1,009 Meters, from the Stockpile Drill Program At the Delamar Project Located in Southwestern Idaho

Integra Resources Corp. Announces Maiden Preliminary Economic Assessment for Wildcat & Mountain View Projects

Integra Resources Corp. Announces Additional Oxide Drill Results From Stockpile Drill Program at DeLamar, Including 0.70 g/t AuEq Over 85 m and 0.60 g/t AuEq Over 44 m

Integra Resources Corp. Announces Additional OXide Drill Results from Stockpile Drilling Program at Delamar, Including 0.67 G/T AuEq over 81 M and 0.58 G/T AuEq Over 49 M

Key Executive recently bought US$54k worth of stock

Integra Resources Corp. Appoints Jason Kosec as Chief Executive Officer

Integra Resources Corp. (TSXV:ITR) completed the acquisition of Millennial Precious Metals Corp. (TSXV:MPM) for $33.3 million.

Integra Resources Corp. Announces Additional Drill Results from the DeLamar Project

Integra Announces Oxide Drill Results from Delamar Stockpile Drill Program: 0.51 G/T Gold Equivalent over 84 M and 0.49 G/T Gold Equivalent over 70 M, Demonstrating Proof of Concept for Mineralized Stockpiles

Insufficient new directors

Insufficient new directors

Integra Announces Drill Results from Delamar Project: 108.8 M Grading 0.79 G/T Gold Equivalent At Florida Mountain and 48.8 M Grading 0.73 G/T Gold Equivalent At Blacksheep

Integra Resources Corp. Provides Update on Project Permitting at Delamar Gold-Silver Project and Commences 11,000 M Oxide Expansion Drill Program

Insufficient new directors

Integra Resources Corp. Announces 11,000 M Drill Program on 60 Million Tonnes of Low-Grade Gold-Silver Mineralized Stockpiles from Previous Operators, Potential to Increase Mine Life and Expand Production

Price target decreased to US$4.00

Integra Resources Corp. has completed a Follow-on Equity Offering in the amount of $10 million.

Integra Resources Corp. announced that it expects to receive $20 million in funding

Integra Resources Corp. Intersects 2.26 G/T AuEq Over 102 M at Sullivan Gulch, Including 1.30 G/T Au and 2,718 G/T Ag (36.28 G/T AuEq) Over 1.53 M

Integra Reports Thickest Gold-Silver Zone to Date at Sullivan Gulch: 1.66 g/t AuEq Over 397 m, Expands Continuity of New High-Grade Structure at Sullivan Gulch

Integra Resources Corp. Announces Drill Results from the Delamar Project Located in Southwestern Idaho

Integra Intersects 3.95 G/T Aueq over 77.7 M in Extension Drilling At War Eagle

Price target increased to US$7.25

Integra Resources Corp. Announces an Exploration Program to Expand the Oxide and Mixed Resource at its Delamar Project

Integra Resources Corp., Annual General Meeting, Jun 28, 2022

No longer forecast to breakeven

Price target increased to US$7.25

No longer forecast to breakeven

Integra Resources Corp. Files NI 43-101 Pre-Feasibility Study Technical Report for Delamar Project

Integra Receives Positive Approval to Proceed with Underground Development and Exploration Drill Program at Florida Mountain; Intersects 2.37 g/t AuEq Over 90.98 m, Including 11.57 g/t AuEq Over 12.65 m, and 1.83 g/t AuEq Over 97.54 m, Including 77.15 g/t AuEq Over 1.52 m

Integra Resources Corp. Completes Pre-Feasibility Study for Delamar Project and Demonstrates Project Optionality With Phased Development Approach

Price target decreased to US$6.50

Integra Resources Corp. has completed a Follow-on Equity Offering in the amount of $15.045 million.

Integra Resources Corp. Intersects High-Grade Gold-Silver in Ten Additional Drill Holes at Florida Mountain: 12.50 G/T Gold and 156.92 g/t Silver (14.52 g/t AuEq) Over 9.39 m, Including 73.25 g/t Au and 427.00 g/t Ag (78.75 g/t AuEq) Over 1.52 m

Integra Resources Corp. Announces High-Grade Gold-Silver Drill Results from the Florida Mountain Deposit At the Delamar Project, Situated in Southwestern Idaho

New 90-day low: US$3.15

Integra Resources Corp. Announces the Appointment of Carolyn Clark Loder to Its Board of Directors

Integra Resources Corp. (TSXV:ITR) acquired 30 square kilometer land package.

Integra Resources Corp. Announces Multiple Gold-Silver Discoveries at Delamar Project

Vice President of Exploration recently sold US$463k worth of stock

Integra Resources Corp. Provides Update on Pre-Feasiblity Study and 2021 Exploration Plan at the Delamar Project

New 90-day high: US$3.98

New 90-day high: US$3.67

Integra Resources Corp. Engages Mine Development Associates as Lead Engineering Firm to Manage the Delamar Project 2021 Pre-Feasibility Study

CEO Compensation Analysis

CEO

Tenure

Compensation