TSX:IAUMetals and Mining
i-80 Gold (TSX:IAU) Is Up 16.6% After Securing US$150M Gold Prepay Facility And Recap Plan
In March 2026, i-80 Gold Corp. closed a Gold Prepay Facility with National Bank of Canada and Macquarie Bank, securing an initial US$150,000,000 advance, a US$100,000,000 accordion feature, and committing to deliver 39,978 ounces of gold over 30 months starting January 2028.
This completed recapitalization means i-80 Gold has raised over US$1.00 billion through various financings since early 2025, aligning its funding with its multi-phase development plan and reducing uncertainty around how...