/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ RENO, Nev., April 08, 2024 (GLOBE NEWSWIRE) -- i-80 Gold Corp. (TSX:IAU) (NYSE:IAUX) ("i-80" or the "Company") is pleased to announce that as a result of excess demand, it has agreed with the syndicate of underwriters led by National Bank Financial Inc. to increase the size of its previously announced bought-deal financing. i-80 will now issue 60,607,000 units of the Company ("Units") at a price of C$1.65 per Unit for gross proceeds of C$100,001,550 (the "Offering"). Each Unit is comprised of one common share (each a "Common Share") and one-half of one Common Share purchase warrant (each whole warrant a "Warrant"). Each Warrant will entitle the holder thereof to purchase one Common Share at a price of C$2.15 for a period of 48 months following the closing of the Offering. The Company has also granted to the Underwriters an over-allotment option to purchase an additional 15% of the base Offering, for additional gross proceeds to the Company of up to C$15,000,233, to acquire Units, Common Shares and/or Warrants (or any combination thereof), at the Underwriters' discretion, and shall be exercisable by the Underwriters, in whole or in part, for a period of 30 days from and including the closing date. In all other respects, the ...