I-80 Gold Corp. Announces Closing Of Gold Prepay And Silver Purchase Portions Of Us$135 Million Financing Package For Nevada-Focused Mining Complex
Round Type
Funding Round
RenoOtherNatural ResourcesMiningPrecious MetalsMineralMining TechnologyDescription
i-80 GOLD CORP. (TSX: IAU) (OTCQX: IAUCF) ("i-80", or the "Company") is pleased to announce that further to its news release dated December 14, 2021, it has completed the closing of the gold prepay and silver purchase and sale portions of the financing package with Orion Mine Finance ("Orion"). With these last components of the financing package completed and when combined with the previously completed segments, i-80 currently has approximately US$165 million in cash and restricted cash. The package also provides for access to an additional $100 million potentially available via an accordion feature subject to certain conditions being satisfied (the "Financing Package")
Quick answer
i-80 Gold Corp. raised an undisclosed amount in a Funding Round round, dated April 13, 2022. i-80 Gold Corp. is based in Reno, Nevada, United States.
- How much did i-80 Gold Corp. raise?
- i-80 Gold Corp. raised an undisclosed amount in a Funding Round round on April 13, 2022.
- 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 is i-80 Gold Corp. based and how big is it?
- i-80 Gold Corp. is based in Reno, Nevada, United States.
- Who are the decision-makers at i-80 Gold Corp?
- Fundz holds 2 contacts at i-80 Gold Corp., including the Executive Officer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Natural Resources and Mining around the same time
Companies in the same sectors as i-80 Gold Corp. that raised within 45 days of this round, from Fundz verified event records.
- Newmont raised an undisclosed amount on May 25, 2022.
- Pampa Metals raised $53K (Pre-Seed) on May 20, 2022.
- Sterling Metals raised $290K (Seed) on May 18, 2022.
- Alaska Silver Corp. raised $1.5M (Seed) on May 17, 2022.
- Juno raised $3.9M (Seed) on April 26, 2022.
- Prospector Metals raised $724K on April 21, 2022.
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