i-80 Gold Corp. has secured a new financing package of up to $500 million, consisting of a $250 million royalty sale and a gold pre-payment facility of up to $250 million. This financing, combined with prior equity offerings, brings total funding to over $800 million to support the company's development plans in Nevada. The proceeds will also be used to retire approximately $175 million in existing debt obligations. As part of its broader recapitalization plan, i-80 Gold Corp. intends to replace its current convertible debentures with new ones on more favorable terms and is considering the sale of a non-core asset. The financing package is expected to close by the end of the first quarter of 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. I-80 Gold Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: TO86653) on February 12, 2026, and is solely responsible for the information contained therein.