02:22 PM EST, 01/27/2025 (MT Newswires) -- i-80 Gold ( IAUX ) was down more than 6% at last look on Monday after announcing it has filed a prospectus supplement to its short form base shelf prospectus with the securities regulatory authorities in Canada (other than Quebec) and with the U.S. Securities and Exchange Commission to qualify distribution of a minimum of 18 million common shares of the company for C$0.80 per offered share for C$14.4 million, and a maximum of 36.25 million offered shares for C$29 million.

If subscriptions are not received for at least the gross proceeds of the minimum offering, the offering will not be completed, a statement noted.

The size of the offering has been increased from US$10 million to US$20 million ($29 million).

Price: 0.76, Change: -0.05, Percent Change: -6.17