RENO, Nev., April 12, 2021 /PRNewswire/ - i-80 GOLD
CORP. (TSX: IAU) ("i-80", or the "Company") is
pleased to announce that, following the completion of its spin-out
from Premier Gold Mines Limited ("Premier") by way of plan of
arrangement completed on April 7,
2021, the common shares of i-80 have been listed and posted
for trading on the Toronto Stock Exchange ("TSX"). Trading in
i-80's common shares will commence at the opening of the TSX
tomorrow, April 13, 2021, under the
symbol "IAU".
Ewan Downie, Chief Executive
Officer of i-80, commented: "Following the closing of the
acquisition of Premier Gold, we are pleased to launch an exciting
new Nevada-focused gold producer
and developer holding a high-grade portfolio of deposits in one of
the world's premier mining jurisdictions. With Equinox continuing
as a cornerstone shareholder in this new company, we will
immediately begin executing on our strategy to grow reserves and
resources, and production. A major drill program at the Getchell
Project is slated to begin in the coming week, and a substantially
increased expansion drill program that is now underway at South
Arturo, are expected to unlock long-term value for our
shareholders."
About i-80 Gold Corp.
i-80 Gold Corp. is a Nevada-focused mining company with a goal of
achieving mid-tier gold producer status. In addition to its
producing mine, El Nino at South Arturo, i-80 is beginning to plan
for future production growth through the potential addition of the
Phases 1 & 3 projects at South Arturo and advancing an
underground development program for the 100%-owned McCoy-Cove
Property. i-80 is also completing the acquisition of the Getchell
Project and will aggressively pursue the development of the Pinson
underground and open pit opportunities.
Certain statements in this release constitute "forward-looking
statements" or "forward-looking information" within the meaning of
applicable securities laws, including but not limited to,
commencement of trading of i-80 Gold on the Toronto Stock Exchange
and completion of the acquisition of the Getchell Project. Such
statements and information involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the company, its projects, or
industry results, to be materially different from any future
results, performance or achievements expressed or implied by such
forward-looking statements or information. Such statements can be
identified by the use of words such as "may", "would", "could",
"will", "intend", "expect", "believe", "plan", "anticipate",
"estimate", "scheduled", "forecast", "predict" and other similar
terminology, or state that certain actions, events or results
"may", "could", "would", "might" or "will" be taken, occur or be
achieved. These statements reflect the Company's current
expectations regarding future events, performance and results and
speak only as of the date of this release.
Forward-looking statements and information involve significant
risks and uncertainties, should not be read as guarantees of future
performance or results and will not necessarily be accurate
indicators of whether or not such results will be achieved. A
number of factors could cause actual results to differ materially
from the results discussed in the forward-looking statements or
information, including, but not limited to: material adverse
changes, unexpected changes in laws, rules or regulations, or their
enforcement by applicable authorities; the failure of parties to
contracts with the company to perform as agreed; social or labour
unrest; changes in commodity prices; and the failure of exploration
programs or studies to deliver anticipated results or results that
would justify and support continued exploration, studies,
development or operations.
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SOURCE i-80 Gold Corp