On May 13, 2025, i-80 Gold Corp. announced a public offering of units consisting of common shares and warrants for gross proceeds of up to US$160 million(C$219 million), pursuant to a prospectus supplement to its March 6, 2024 short form base shelf prospectus. The offering is being conducted on an underwritten basis through an underwriting agreement dated May 13, 2025. The company intends to use the net proceeds for working capital and general corporate purposes, including advancing its Nevada-based mining and exploration assets.

The transaction is led by National Bank Financial Inc. and Cormark Securities Inc. as joint bookrunners, joined by Canaccord Genuity Corp. and SCP Resource Finance LP as co-lead underwriters. Additional underwriters include BMO Nesbitt Burns Inc., RBC Dominion Securities Inc., Scotia Capital Inc., Stifel Nicolaus Canada Inc., and Ventum Financial Corp. Legal matters are being addressed by Bennett Jones LLP (Canadian counsel to the Company) and Dorsey & Whitney LLP (U.S. counsel to the Company), while the underwriters are represented by McCarthy Tétrault LLP in Canada and Nauth LPC in the United States. The underwriters are offering the units as principals, subject to customary conditions and legal approvals.