DealsJun 26, 2026, 08:26 AM

i-80 Gold Terminates Offtake Agreement, Issues $4.8M in Shares

AI Summary

i-80 Gold Corp. has terminated its Amended and Restated Offtake Agreement, dated August 23, 2023, with Vox Cayman. This agreement previously obligated i-80 Gold to sell up to 40,000 ounces of refined gold per calendar year. As consideration for the termination, i-80 Gold will issue 3,453,237 common shares, valued at an aggregate of $4,800,000, to Vox Royalty Corp., the parent company of Vox Cayman.

Key Highlights

i-80 Gold terminated its Amended and Restated Offtake Agreement with Vox Cayman.
The original 2023 Offtake Agreement obligated i-80 Gold to sell up to 40,000 ounces of refined gold annually.
i-80 Gold issued 3,453,237 common shares to Vox Royalty Corp. as consideration for the termination.
The aggregate value of the common shares issued for the settlement is $4,800,000.
The Offtake Termination and Settlement Agreement was entered into on June 25, 2026.

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Precious Metals

i-80 Gold Corp.

Price Impact