other material
confidence high
sentiment negative
materiality 0.70
i-80 Gold upsizes offering to C$29M, files prospectus supplement at C$0.80 per share
i-80 Gold Corp.
- Offering increased from US$10M to US$20M (C$29M); min. 18M shares at C$0.80 for C$14.4M, max. 36.25M shares.
- Concurrent private placement of up to 1,004,208 subscription receipts at C$0.80 for C$803K with directors/officers.
- Use of proceeds for working capital and general corporate purposes; expected close on or about Jan 31, 2025.