Sunday, August 24, 2025

Latest

i-80 Gold Closes ATM Program After Raising $25.1 Million

i-80 Gold (TSX: IAU) has closed out its at-the-market equity program after having been stuck in a trading blackout since February 14. That blackout is expected to last until the end of the quarter, when the five PEA’s it recently announced will be filed with the exchange.

The program saw a total of 26.7 million shares sold on the open markets, raising gross proceeds of $25.1 million for the company. The program, which was enacted in mid-August 2024, permitted i-80 Gold to sell up to US$50 million worth of shares on the market.

The ATM program was originally intended to provide the company with financial flexibility to support growth, which the company says was achieved. However, a recapitalization plan is currently being worked through, with discussions said to still be ongoing with current and potential debt providers.

i-80 Gold last traded at $0.92 on the TSX.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

G Mining Q2 Earnings: Costing Gone Wild

Aya Gold Q2 Earnings: Production Slips Amid Ramp Up

i-80 Gold Q2 Earnings: Better, But Not Great

Recommended

Emerita Resources Expands El Cura Drill Program By 10,000 Metres As Deposit Remains Open For Expansion

ESGold Signs MOU For Tailings Project In Colombia With Grades Up To 42 g/t Gold, 280 g/t Silver

Related News

i-80 Gold Q2 Earnings: Better, But Not Great

The markets had the full spectrum of producers reporting this morning. On the one hand...

Saturday, August 23, 2025, 01:29:00 PM

i-80 Gold Signs Asset Exchange Agreement With Nevada Gold Mines, Eyes A Nevada Mining Complex

i-80 Gold Corp. (TSX: IAU) announced this morning its comprehensive plan to put up a...

Tuesday, September 7, 2021, 09:30:56 AM

i-80 Gold Begins Underground Exploration Plans At McCoy-Cove Property

i-80 Gold Corp. (TSX: IAU) reported this morning that it is pushing through with its...

Monday, November 22, 2021, 09:18:00 AM

i-80 Gold Drills 14.7 G/T Gold Over 10.2 Metres At Granite Creek

i-80 Gold Corp. (TSX: IAU) reported this morning the assay results from the ongoing surface...

Tuesday, November 16, 2021, 11:28:00 AM

i-80 Gold Outlines $421 NPV For Granite Creek Open Pit Project

i-80 Gold (TSX: IAU) has released the results of its preliminary economic assessment conducted on...

Thursday, March 6, 2025, 08:57:00 AM