TSX:IAUMetals and Mining
i-80 Gold (TSX:IAU) Is Up 13.1% After Securing US$150M Gold Prepay Facility And Recap Plan
In March 2026, i-80 Gold Corp. closed a US$150,000,000 gold prepayment facility with National Bank of Canada and Macquarie Bank, completing a recapitalization plan that has raised over US$1.00 billion in secured and available capital through a mix of equity, royalty, convertible notes, and prepay financing.
This funding package is structured to cover the company’s multi-phase development plan and includes flexibility such as a US$100,000,000 accordion feature and long-dated 3.75% convertible...