i-80 Gold Announces Pricing of Upsized Offering of US$250 Million Convertible Senior Notes

TORONTO, March 19, 2026 /PRNewswire/ – i-80 GOLD CORP. (TSX: IAU) (NYSE American: IAUX) („i-80 Gold“ or the „Company“) announced that it has priced its previously announced offering (the „Offering“) of unsecured convertible senior notes due 2031 (the „Notes“). The Company intends to issue US$250 million aggregate principal amount of Notes (or US$287.5 million aggregate principal amount if the option granted to the initial purchasers to purchase additional Notes is exercised in full). The Offering was upsized from the previously announced US$200 million (or US$230 million if the option granted to the initial purchasers to purchase additional Notes was exercised in full).

The Notes will bear cash interest paid semi-annually at a rate of 3.75% per annum. The initial conversion rate for the Notes will be 519.4805 common shares of the Company (the „Shares“) per US$1,000 principal amount of Notes, equivalent to an initial conversion price of approximately US$1.93 per Share. The initial conversion rate represents a premium of approximately 37.5% relative to yesterday’s closing market price of the Shares on the NYSE American and is subject to adjustment in certain events.