• DEALS

    Search by

i-80 Gold Corp. increases private placement to US$65 million following strong demand

On February 3, 2023, i-80 Gold Corp. (TSX, NYSE) expanded its private placement offering due to strong investor demand. The revised deal raised the offering to US$65 million through secured convertible debentures, providing additional capital for the company. Sprott Capital Partners and CIBC Capital Markets acted as Co-Lead Agents for the "best efforts" offering.

Bennett Jones and Dorsey & Whitney advised i-80 on the transaction. Fasken, led by Bradley Freelan, with a team including John Turner, Florind Polo, Thomas Meagher, Nazish Mirza, Niel Jacobs, and Greer Tanzer, served as legal counsel to Sprott Capital Partners LP and CIBC Capital Markets.

Company

Sprott Capital Partners LP

Law Firm / Organization
Bennett Jones LLP
Law Firm / Organization
Dorsey & Whitney LLP

Bank

CIBC Capital Markets

Law Firm / Organization
Bennett Jones LLP
Law Firm / Organization
Dorsey & Whitney LLP
Public/Private Offering
Mining
$ 65,000,000
Closed
23 February 2023