i-80 Gold closes $250M gold prepay facility, completes recapitalization with over $1B

i-80 Gold Corp.

Received $150M initial advance; must deliver 39,978 oz gold over 30 months starting Jan 2028.
$100M accordion feature available for 24 months, subject to lender approval; expected in H1 2027.
Recapitalization complete: over $1B secured from equity, convertible notes ($287.5M), royalty ($250M), and gold prepay.
Proceeds fully fund Phase 1 & 2 development plan targeting 300k–400k oz Au annual production by 2031.
Franco-Nevada royalty agreement ($250M) closed March 16; gold prepay closed March 23.

item 1.01 item 2.03 item 7.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

i-80 Gold Corp. entered into Supplementary Terms Agreement with National Bank of Canada and Macquarie Bank Limited valued at up to $150,000,000 (effective 2026-03-23).

Action: entry
Agreement: credit facility
Counterparty: National Bank of Canada and Macquarie Bank Limited
Value: up to $150,000,000
Effective: 2026-03-23

Exact text from the filing

On March 23, 2026, i-80 Gold Corp. (the “Company”) entered into a Supplementary Terms Agreement (the “Gold Prepay” or the “Facility”) with National Bank of Canada, as a bank and the administrative agent, and Macquarie Bank Limited (together, the “Banks”) for a gold prepayment facility.

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i-80 Gold Corp. filing history →

Source: SEC EDGAR

accession 0001193125-26-129359

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