---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-109526"
form_type: "8-K"
ticker: "IAUX"
cik: "0001853962"
company_name: "i-80 Gold Corp."
filed_at: "2026-03-17T23:59:59+00:00"
generated_at: "2026-05-15T10:55:49.027778+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# i-80 Gold closes $250M Franco-Nevada royalty financing, retires $165M in legacy debt

## Summary
- Franco-Nevada pays $250M for 1.5% NSR royalty (steps to 3% in 2031) on all i-80 properties.
- $165M used to retire 2027 convertible debentures ($73M cash + 8.1M shares) and Orion loans ($92M cash + 3M shares).
- Remaining $60M+ to advance Mineral Point and Archimedes projects; $50M budgeted for Mineral Point in 2026.
- 2027 convertible debentures fully redeemed at 4% premium; 70% of accrued interest paid in shares (8.1M shares).
- Orion convertible loan and gold prepay settled; silver purchase/offtake agreement remains.

## SEC filing metadata
- accession: 0001193125-26-109526
- form_type: 8-K
- ticker: IAUX
- cik: 0001853962
- company_name: i-80 Gold Corp.
- filed_at: 2026-03-17T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 8.01, 1.02, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1853962/000119312526109526/0001193125-26-109526-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1853962/000119312526109526/d63007d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-109526
- JSON: https://secwatch.observer/filing/0001193125-26-109526.json
- Plain text: https://secwatch.observer/filing/0001193125-26-109526.txt

## Key facts
- Equity Issuances
  i-80 Gold Corp. issued 8,895 common shares of common stock to John Seaman.
  - Security: common stock
  - Shares: 8,895 common shares
  - Purchaser: John Seaman
  source text: John Seaman, a director of the Company, held convertible debentures in the principal amount of $50,000 and received 8,895 common shares upon conversion of accrued interest.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1853962/000119312526109526/0001193125-26-109526-index.htm
- Equity Issuances
  i-80 Gold Corp. issued 8,133,983 common shares of common stock.
  - Security: common stock
  - Shares: 8,133,983 common shares
  source text: The 8,133,983 common shares issued upon conversion of accrued interest of the convertible debentures were issued in transactions exempt from registration under the Securities Act by virtue of Section 3(a)(9) thereof because no commission or other remuneration was paid in connection with conversion of the notes and any resulting issuance of common shares.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1853962/000119312526109526/0001193125-26-109526-index.htm
- Equity Issuances
  i-80 Gold Corp. issued 2,993,307 common shares of common stock to Orion Mine Finance Fund III LP.
  - Security: common stock
  - Shares: 2,993,307 common shares
  - Purchaser: Orion Mine Finance Fund III LP
  source text: The 2,993,307 common shares were issued to Orion Mine Finance Fund III LP in partial satisfaction of the Company’s obligations under the Convertible Loan and the termination of the Convertible Loan in a transaction exempt from registration under the Securities Act by virtue of Section 3(a)(9) thereof because no commission or other remuneration was paid in connection with the transaction.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1853962/000119312526109526/0001193125-26-109526-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.