other_material
confidence high
sentiment positive
materiality 0.65
i-80 Gold closes US$11.1M private placement of units; insiders participate in $184M total raise
i-80 Gold Corp.
- Closed private placement of 22.24M units at US$0.50/unit for gross proceeds of ~US$11.1M.
- Each unit consists of one common share and one-half warrant exercisable at US$0.70 until Nov 16, 2027.
- Combined with May 16 bought deal, total gross proceeds of US$184M for Nevada growth and working capital.
- Insiders purchased 1.825M units; Richard Young led with 1.295M units (US$647,500).
- Securities are unregistered; subject to 6-month U.S. and 4-month+1 day Canadian hold periods.
item 3.02item 7.01item 9.01