Unlocking Potential: i-80 Gold's Strategic Shift for Greater Autonomy

Strategic Move to Enhance Financial Flexibility

On June 26, 2026, i-80 Gold Corp. officially concluded its gold offtake agreement through a settlement with Vox Royalty Cayman SEZC and its parent company, Vox Royalty Corp. This pivotal decision liberates i-80 Gold from a prior commitment to supply up to 40,000 ounces of refined gold annually from its Granite Creek and Ruby Hill sites until December 31, 2028. The company anticipates that this termination will usher in a new era of financial and commercial adaptability, leading to considerable cash flow efficiencies through 2028.

Agreement Details and Expected Outcomes

As part of the termination agreement, i-80 Gold will compensate Vox by issuing 3,453,237 common shares. These shares represent a total value of $4.8 million, calculated at $1.39 per share. Previously, the terminated stream encompassed all gold production from the Ruby Hill, Cove, and Granite Creek assets in Nevada, capped at 40,000 ounces per year until the end of 2028. This arrangement had generated a net precious metal margin of $270,000 in the first quarter of 2026 and held a carrying value of approximately $2.6 million as of March 31. The completion of this transaction is slated for before June 30.

i-80 Gold's Core Business Focus

i-80 Gold Corp. is primarily engaged in the exploration and advancement of gold and silver mineral deposits located within the United States. This core focus remains central to its long-term strategy.