secwatch.observer — SEC 8-K summary
======================================

Issuer:     i-80 Gold Corp. (IAUX)
CIK:        0001853962
Form:       8-K
Filed at:   2026-03-17T23:59:59+00:00
Accession:  0001193125-26-109526
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 8.01, 1.02, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1853962/000119312526109526/0001193125-26-109526-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1853962/000119312526109526/d63007d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-109526

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