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i-80 Gold Corp
Symbol IAU
Shares Issued 298,155,335
Close 2024-02-07 C$ 1.94
Market Cap C$ 578,421,350
Recent Sedar Documents

i-80 Gold arranges private placement for up to $18M

2024-02-07 16:16 ET - News Release

Mr. Ewan Downie reports

I-80 GOLD ANNOUNCES NON-BROKERED PRIVATE PLACEMENT OF UP TO C$18 MILLION

i-80 Gold Corp. has launched a non-brokered private placement of up to 10 million common shares of the company at a price of $1.80 per common share for aggregate gross proceeds of up to approximately $18-million.

The net proceeds of the offering will be used for exploration and development of the company's mineral projects in Nevada, and for working capital and general corporate purposes.

The offering is scheduled to close on or about Feb. 16, 2024, or such other date as the company may determine and is subject to satisfaction of certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including that of the Toronto Stock Exchange and the NYSE American. The securities issued pursuant to the offering will be subject to a four-month-plus-one-day hold period commencing on the day of the closing of the offering under applicable Canadian securities laws.

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.

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