SCHEDULE 13G/A: Beedie Entities Affirm 11.2% Stake in Integra Resources Corp. Through Amended Beneficial Ownership Filing
Beneficial Ownership Statement Amendment
An amended Schedule 13G filing reveals that Beedie Investments Limited and related entities collectively hold an 11.2% beneficial ownership stake in Integra Resources Corp., including shares from warrants and convertible debt.
Summary
- The filing is an Amendment No. 3 to Schedule 13G for Integra Resources Corp. (Issuer).
- The reporting persons are Beedie Investments Limited, Beedie Holdings Limited, Beedie (2023) Family Trust, 4358 Investments Limited, and Ryan Beedie, all based in British Columbia, Canada.
- These entities collectively beneficially own 20,335,762 common shares of Integra Resources Corp.
- This aggregate amount represents approximately 11.2% of the common shares outstanding.
- The beneficial ownership calculation is based on 168,571,712 common shares of the Issuer outstanding as of December 31, 2024.
- The total beneficial ownership includes 6,790,681 common shares currently owned directly or indirectly by the reporting persons.
- It also includes 1,250,000 common shares that may be acquired upon full exercise of warrants at an exercise price of CAD$1.20 per share.
- Additionally, it includes 12,295,081 common shares that may be acquired upon full conversion of $15,000,000 principal amount of convertible debt at a conversion price of CAD$1.6875 per share.
- The reporting persons have shared voting and shared dispositive power over all 20,335,762 beneficially owned shares.
Sentiment
Score: 5
Explanation: The document is a factual, regulatory filing (Schedule 13G/A) reporting beneficial ownership. It contains no subjective language, forward-looking statements, or performance metrics that would indicate a positive or negative sentiment. The sentiment is neutral as it is purely informational.
Positives
- NA This Schedule 13G/A filing primarily reports beneficial ownership and does not contain information typically categorized as 'positives' regarding company performance or strategic achievements.
Negatives
- NA This Schedule 13G/A filing primarily reports beneficial ownership and does not contain information typically categorized as 'negatives' regarding company performance or operational challenges.
Risks
- NA This Schedule 13G/A filing primarily reports beneficial ownership and does not detail specific operational, financial, or strategic risks for Integra Resources Corp. beyond the ownership structure itself.
Future Outlook
NA This Schedule 13G/A filing is a report of beneficial ownership and does not contain forward-looking statements or guidance regarding Integra Resources Corp.'s future operations or financial performance.
Management Comments
- The reporting persons certify that, to the best of their knowledge and belief, the securities were not acquired and are not held for the purpose or with the effect of changing or influencing the control of the issuer, nor in connection with any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 14a-11.
Industry Context
NA This Schedule 13G/A filing focuses solely on the beneficial ownership stake of specific entities in Integra Resources Corp. and does not provide broader industry context or trends.
Comparison to Industry Standards
- NA This Schedule 13G/A filing is a disclosure of beneficial ownership and does not contain information suitable for comparison to industry-specific operational or financial benchmarks, nor does it mention comparable companies or projects.
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
Legal Proceedings
- NA The document does not mention any litigation or regulatory matters concerning Integra Resources Corp. or the reporting persons.
Related Party Transactions
- NA While the filing details a group of related entities (Beedie family and associated companies) holding shares, it does not disclose specific related party transactions (e.g., sales, services, loans) beyond the ownership structure itself.
Stakeholder Impact
- Shareholders: The disclosure of a significant 11.2% beneficial ownership stake by a group of related entities provides transparency regarding the company's ownership structure, which can influence investor perception and potential control dynamics.
Next Steps
- NA The document is a regulatory filing reporting current beneficial ownership and does not outline future actions, events, or milestones for Integra Resources Corp.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of Event Which Requires Filing of this Statement (Beneficial ownership calculation basis) |
| 02/06/2025 | Date of signing for the Joint Filing Agreement and the Schedule 13G/A |
Keywords
Integra Resources Corp., Schedule 13G/A, Beneficial Ownership, Beedie Investments Limited, Warrants, Convertible Debt, SEC Filing, Shareholder Stake, Common Shares
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