i-80 Gold closes $250 million royalty financing with Franco-Nevada and retires legacy debt
Type: Financing · Technology: Mining · Country: United States · Value: $250M · Announced: 2026-03-16
i-80 Gold Corp. successfully closed a $250 million royalty financing agreement with Franco-Nevada Corporation. This financing enabled i-80 Gold to retire certain legacy debt obligations, strengthening its financial position. The deal provides i-80 Gold with significant capital to advance its mining projects, primarily located in Nevada. This strategic transaction underscores Franco-Nevada's continued investment in the mining sector and i-80 Gold's efforts to optimize its capital structure.
Counterparties
- i-80 Gold Corp. (Borrower)
- Franco-Nevada Corporation (Lender)