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i-80 Gold Announces Board-Supported Acquisition of Paycore Minerals
i-80 Gold Announces Board-Supported Acquisition of Paycore Minerals Canada NewsWire ...
About this update from I-80 Gold Corp
[{"type":"text","content":"\n \n \n \n i-80 Gold Announces Board-Supported Acquisition of Paycore Minerals\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen3{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; TEXT-ALIGN: LEFT; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\n}\n.prngen4{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: LEFT; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n RENO, Nev.\n \n \n ,\n \n \n Feb. 27, 2023\n \n \n /CNW/ -\n \n i-80 GOLD CORP.\n \n (TSX: IAU) (NYSE: IAUX)\n \n (\"i-80\")\n \n and\n \n Paycore Minerals Inc.\n \n (TSXV: CORE)\n \n (\"Paycore\")\n \n are pleased to announce that the companies have entered into a definitive arrangement agreement (the \"\n \n Agreement\n \n \") whereby i-80 will acquire all of the outstanding common shares of Paycore (the \"\n \n Paycore Shares\n \n \") pursuant to a statutory plan of arrangement under the\n \n Business Corporations Act\n \n (\n \n Ontario\n \n ) (the \"\n \n Transaction\n \n \").\n \n \n Paycore owns the FAD Property that is host to the high-grade FAD deposit located immediately south of, and adjoining, i-80's 100%-owned Ruby Hill Property (\"\n \n Ruby Hill\n \n \" or the \"\n \n Property\n \n \") located in\n \n Eureka County, Nevada\n \n .\n \n \n The Transaction will consolidate the northern portion of the\n \n Eureka\n \n District and is expected to strengthen i–80's dominant presence in the district by increasing the size of the land package at Ruby Hill by more than 34% to approximately 14,272 acres, providin...