i-80 Gold Corp. secured a financing package of up to $500 million to support its Nevada development plan and recapitalization. The package includes a $250 million royalty financing commitment from Franco-Nevada and a gold prepayment facility of up to $250 million from National Bank of Canada and Macquarie, with $150 million available at closing and a potential $100 million accordion. The company said proceeds will fund project development and Lone Tree plant refurbishment and are also expected to extinguish about $175 million of existing debt, with closing targeted by the end of Q1 2026.
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