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i-80 Gold Closes $250 Million Royalty Financing with Franco-Nevada and Completes Retirement of Certain Legacy Debt Obligations

Newswire.ca - Mon Mar 16, 8:10AM CDT

All amounts referenced herein are expressed in United States dollars unless otherwise stated.

TORONTO, March 16, 2026 /CNW/ - i-80 GOLD CORP. (TSX:IAU) (NYSE American:IAUX) ("i-80 Gold" or the "Company") is pleased to announce that it has successfully completed the closing of the previously announced $250 million royalty financing (the "Royalty Financing") with a wholly-owned U.S. subsidiary of Franco-Nevada Corporation ("Franco-Nevada"). The Company used a portion of the Royalty Financing proceeds to complete the mandatory redemption of its 8% secured convertible debentures due in 2027 ("2027 Convertible Debentures") and to settle a convertible loan and Gold Prepay Agreement held by affiliates of Orion Mine Finance ("Orion").

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