i-80 Gold Announces Commencement of Trading
Reno, NV --
April 13, 2021 -- InvestorsHub NewsWire
-- 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.
For further information, please contact:
Ewan Downie
- CEO
Info@i80gold.com
www.i80gold.com
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.