i-80 Gold Advances Recapitalization with Key Amendments and Placement

i-80 Gold Corp ( (TSE:IAU) ) has provided an update.

i-80 Gold Corp has completed amendments to its $65 million convertible debenture indenture and closed a concurrent private placement, as part of its recapitalization plan. These steps are aimed at improving the company’s liquidity and refinancing flexibility, aligning its capital structure with its long-term growth and development plans. The amendments include revised conversion price definitions, subordinate security rights, and a redemption right for the company.

More about i-80 Gold Corp

i-80 Gold Corp is a company operating in the mining industry, primarily focused on gold production and exploration. It is listed on the TSX and NYSE, with a market focus on developing its capital structure to support long-term growth strategies.

YTD Price Performance: 27.91%

Average Trading Volume: 690,831

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$435.2M

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