i-80 Gold Corp. (TSX: IAU; NYSE American: IAUX) announced the pricing of its previously announced offering of unsecured convertible senior notes due 2031 (the "Notes"). The Company intends to issue $287.5 million aggregate principal amount of Notes, which includes an upsized offering from the previously announced $250 million. The Notes will bear cash interest at a rate of 3.75% per annum, payable semi-annually. The initial conversion rate for the Notes is set at 519.4805 common shares per $1,000 principal amount of Notes, translating to an initial conversion price of approximately $1.93 per share, representing a premium of about 37.5% relative to the closing market price of the shares on the NYSE American prior to the announcement. The offering is expected to close on or about March 23, 2026, subject to customary closing conditions, including approval from the Toronto Stock Exchange and NYSE American. The net proceeds from this offering are intended to be used to advance the Company’s gold projects, refurbish the Lone Tree processing plant, and fund resource expansion and infill drilling, along with general corporate and working capital purposes. The Notes and the shares issuable upon conversion have not been registered under the U.S. Securities Act and may not be offered or sold in the United States without registration or an applicable exemption. This offering is expected to enhance the Company’s liquidity and support its strategic initiatives in the gold mining sector.

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