i-80 Gold Corp. increases private placement to US$65 million following strong demand

Company

Sprott Capital Partners LP

Law Firm / Organization
Bennett Jones LLP
Law Firm / Organization
Dorsey & Whitney LLP

Bank

CIBC Capital Markets

Law Firm / Organization
Bennett Jones LLP
Law Firm / Organization
Dorsey & Whitney LLP

On February 3, 2023, i-80 Gold Corp. (TSX, NYSE) expanded its private placement offering due to strong investor demand. The revised deal raised the offering to US$65 million through secured convertible debentures, providing additional capital for the company. Sprott Capital Partners and CIBC Capital Markets acted as Co-Lead Agents for the "best efforts" offering.

Bennett Jones and Dorsey & Whitney advised i-80 on the transaction. Fasken, led by Bradley Freelan, with a team including John Turner, Florind Polo, Thomas Meagher, Nazish Mirza, Niel Jacobs, and Greer Tanzer, served as legal counsel to Sprott Capital Partners LP and CIBC Capital Markets.

Public/Private Offering
Mining
$ 65,000,000
Closed
23 February 2023