secwatch.observer — SEC 8-K summary
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Issuer:     i-80 Gold Corp. (IAUX)
CIK:        0001853962
Form:       8-K
Filed at:   2025-03-06T23:59:59+00:00
Accession:  0001062993-25-004772
Event type: other_material
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 2.03, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Granite Creek Underground PEA: after-tax NPV $155M at $2,175/oz; debenture amended, insider placement closed
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- Granite Creek Underground PEA: after-tax NPV (5%) $155M at $2,175/oz gold, 84% IRR; 8-year life, avg 52,200 oz/yr.
- Updated M&I resource: 261,000 oz at 10.5 g/t; inferred 326,000 oz at 13.0 g/t (drill data through 2022).
- Convertible debenture amended: conversion price set at 85% of 5-day VWAP; Company can redeem at 104% of principal.
- Insider private placement closed: 997,871 shares at C$0.80 for gross proceeds of ~C$798,297.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1853962/000106299325004772/0001062993-25-004772-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1853962/000106299325004772/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-25-004772

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer