Apr 23, 2019 Guest(s): Andr?(C)e St-Germain CFO, Integra Resources
The financing environment is not what it was in the mining space, as juniors continue to face headwinds in raising capital, this according to Andr?(C)e St-Germain, CFO of Integra Resources.
"When I started in this industry about ten years ago, any mining company with a project, any project, could raise a lot of equity. These days are long gone. I don't think they'll be coming back any time soon," St-Germain told Kitco news.
St-Germain noted that fundamental shifts in the industry have made investors more selective, while assets like blockchain and cannabis stocks have also competed for capital.