IPO - i-80 Gold Corp.

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Form Type: 8-K

Filing Date: 2025-01-31

Corporate Action: Ipo

Type: New

Accession Number: 000106299325001406

Filing Summary: On January 31, 2025, i-80 Gold Corp. closed an offering of common shares through subscription agreements with investors. A total of 28,212,593 shares were sold at a price of C$0.80 each, resulting in gross proceeds of approximately C$22,570,074. This offering was executed under the Company's shelf registration statement on Form F-10, which had been effective since June 25, 2024. The Offering details were filed on January 30, 2025, as part of Form 8-K, indicating significant activity in capital raising for the company.

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Additional details:

Offered Shares: 28212593


Offering Price: C$0.80


Aggregate Gross Proceeds: C$22,570,074


Offering Closed Date: 2025-01-31


Form Type: SUPPL

Filing Date: 2025-01-27

Corporate Action: Ipo

Type: New

Accession Number: 000106299325001122

Filing Summary: i-80 Gold Corp. filed a prospectus supplement to its base shelf prospectus dated June 21, 2024, for a public offering of common shares. The minimum offering is set at C$14,400,000 for 18,000,000 common shares, while the maximum offering is C$29,000,000 for 36,250,000 shares, priced at C$0.80 per share. This supplement outlines a concurrent private placement offering of subscription receipts amounting to up to C$803,367. The company anticipates closing both offerings around January 31, 2025, provided it receives necessary regulatory approvals, including from the TSX and NYSE American. The offering will proceed only if at least the minimum offering is subscribed. Investors are advised about significant risks tied to the investment, as outlined throughout the document.

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Additional details:

Minimum Offering: C$14,400,000

Maximum Offering: C$29,000,000

Offering Price: C$0.80

Subscription Receipts Amount: C$803,367

Concurrent Private Placement: 1,004,208 subscription receipts


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