secwatch.observer — SEC 8-K summary
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Issuer:     i-80 Gold Corp. (IAUX)
CIK:        0001853962
Form:       8-K
Filed at:   2026-03-27T23:59:59+00:00
Accession:  0001193125-26-129359
Event type: debt
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 2.03, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1853962/000119312526129359/0001193125-26-129359-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1853962/000119312526129359/d120180d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-129359

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