i-80 Gold Corp (TSE:IAU) has released an update.
i-80 Gold Corp has successfully completed a C$115 million public offering, with each unit comprising a common share and half a warrant, enabling further purchase of shares. The offering, led by National Bank Financial Inc., involved several other underwriters and was aimed at advancing the company’s mineral property development and general corporate activities. Notably, certain company insiders participated in the offering, which was executed in compliance with regulatory exemptions and without the necessity for a formal valuation or minority shareholder approval.
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