Mr. Ewan Downie reports

I-80 ANNOUNCES UPSIZING OF PREVIOUSLY ANNOUNCED BOUGHT DEAL FINANCING OF UNITS

As a result of excess demand, i-80 Gold Corp. has agreed with the syndicate of underwriters led by National Bank Financial Inc. to increase the size of its previously announced bought deal financing. i-80 will now issue 60,607,000 units of the company at a price of $1.65 per unit for gross proceeds of $100,001,550. Each unit comprises one common share and one-half common share purchase warrant. Each warrant will entitle the holder thereof to purchase one common share at a price of $2.15 for a period of 48 months following the closing of the offering.

The company has also granted to the underwriters an overallotment option to purchase an additional 15 per cent of the base offering, for additional gross proceeds to the company of up to $15,000,233, to acquire units, common shares and/or warrants (or any combination thereof), at the underwriters' discretion, exercisable by the underwriters, in whole or in part, for a period of 30 days from and including the closing date.

In all other respects, the terms of the offering and the use of proceeds therefrom will remain as previously disclosed in the original press release dated April 8, 2024.

About i-80 Gold Corp.

i-80 Gold is a Nevada-focused mining company with a goal of achieving mid-tier gold producer status through the development of multiple deposits within the company's advanced-stage property portfolio, with processing at i-80's centralized milling facilities.

We seek Safe Harbor.