debt
confidence high
sentiment neutral
materiality 0.35
i-80 Gold extends deadline for convertible debenture interest conversion to March 6, 2026
i-80 Gold Corp.
- Deadline for holders of 8% secured convertible debentures due 2027 to elect interest conversion extended to March 6, 2026.
- Conversion price based on TSX VWAP over 5 trading days less 15% discount, converted to USD at Bank of Canada rate.
- Holders not electing conversion will receive cash for accrued interest; previously submitted notices remain valid.
- Extension is procedural step in previously announced mandatory redemption of the debentures.