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i-80 Gold Corp ( (TSE:IAU) ) has shared an announcement.
i-80 Gold Corp. has reached an agreement with certain convertible debenture holders to amend the terms of its convertible debentures, marking a significant step in the second phase of its recapitalization plan. These amendments, which include adjustments to conversion prices, aim to facilitate the company’s financial restructuring efforts, expected to be completed by the first quarter of 2025, thereby potentially enhancing its operational stability and market positioning.
More about i-80 Gold Corp
i-80 Gold Corp. operates in the mining industry, focusing on gold production and exploration. The company is listed on the Toronto Stock Exchange and NYSE American, emphasizing its commitment to advancing its gold mining projects and expanding its market presence.
YTD Price Performance: -3.49%
Average Trading Volume: 1,328,699
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$336M
For a thorough assessment of IAU stock, go to TipRanks’ Stock Analysis page.
