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I-80 Gold Announces Board-Supported Acquisition Of Paycore Minerals

PUBLIC · IAUXFeb 27, 2023

Acquiring Company

i-80 Gold Corp.

Acquired Company

Paycore Minerals Inc.

RenoTorontoOtherNatural ResourcesMiningPrecious MetalsMineralMining TechnologyOther

Description

i-80 GOLD CORP. (TSX: IAU) (NYSE: IAUX) ("i-80") and Paycore Minerals Inc. (TSXV: CORE) ("Paycore") are pleased to announce that the companies have entered into a definitive arrangement agreement (the "Agreement") whereby i-80 will acquire all of the outstanding common shares of Paycore (the "Paycore Shares") pursuant to a statutory plan of arrangement under the Business Corporations Act (Ontario) (the "Transaction").

Quick answer

i-80 Gold Corp. is acquiring Paycore Minerals Inc., announced February 27, 2023. i-80 Gold Corp. is based in Reno, Nevada, United States.

Who acquired Paycore Minerals Inc?
i-80 Gold Corp. agreed to acquire Paycore Minerals Inc. on February 27, 2023.
How much did i-80 Gold Corp. pay for Paycore Minerals Inc?
The deal value was not disclosed.
What does i-80 Gold Corp. do?
i-80 Gold Corp is a gold producer and developer holding an impressive portfolio of advanced-stage gold projects in the State of Nevada. i-80 was created as a spin–out of Premier Gold Mines Limited’s US assets in..
Where are i-80 Gold Corp. and Paycore Minerals Inc. based?
i-80 Gold Corp. is based in Reno, Nevada, United States. Paycore Minerals Inc. is based in Toronto, Ontario, Canada.
Who are the decision-makers at i-80 Gold Corp?
Fundz holds 2 contacts at i-80 Gold Corp. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

i-80 Gold Corp.

Location

5190 Neil Road

Reno, Nevada, United States

About

i-80 Gold Corp is a gold producer and developer holding an impressive portfolio of advanced-stage gold projects in the State of Nevada. i-80 was created as a spin–out of Premier Gold Mines Limited’s US assets in connection with the transaction whereby Premier was acquired by Equinox Gold in 2021. The Company’s primary goal is to build a self-sustaining, mid-tier, mining company with a peer-best growth platform by employing a methodical, capital disciplined and staged approach to minimize risk while also assessing and monitoring for accretive growth opportunities.

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Frequently asked

Who acquired Paycore Minerals Inc.?

Paycore Minerals Inc. was acquired by i-80 Gold Corp., based in Reno. The deal was reported on February 27, 2023. i-80 Gold Corp is a gold producer and developer holding an impressive portfolio of advanced-stage gold projects in the State of Nevada. i-80 Gold Corp. is publicly traded (IAUX) and operates in Other.

When did i-80 Gold Corp. acquire Paycore Minerals Inc.?

i-80 Gold Corp.'s acquisition of Paycore Minerals Inc. was reported on February 27, 2023. i-80 GOLD CORP. (TSX: IAU) (NYSE: IAUX) ("i-80") and Paycore Minerals Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Paycore Minerals Inc. do?

Paycore Minerals Inc. is the company acquired in this transaction. It is privately held, operating in Other, and is based in Toronto.

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