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i-80 Gold CEO Increases Share Ownership to More than 5 Million Shares
i-80 Gold CEO Increases Share Ownership to More than 5 Million Shares Canada Ne...
About this update from I-80 Gold Corp
[{"type":"text","content":"\n \n \n \n i-80 Gold CEO Increases Share Ownership to More than 5 Million Shares\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 \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n RENO, Nev.\n \n ,\n \n Jan. 10, 2022\n \n /CNW/ -\n \n i-80 GOLD CORP.\n \n (TSX: IAU) (OTCQX: IAUCF)\n \n (\"i-80\", or the \"Company\")\n \n notes that that its CEO,\n \n Ewan Downie\n \n , has reported on System for Electronic Disclosure by Insiders (SEDI) recent purchases of common shares of the Company through open market purchases on the Toronto Stock Exchange to increase his share ownership to 5,000,027 or 2.09%.\n \n \n \n \n \n \n \n \n \n Since the Company commenced trading on\n \n April 14, 2021\n \n , Mr. Downie has purchased more than 1.4 million shares of i-80 to reach an ownership milestone rarely held by executives of publicly traded companies in the mining sector.\n \n \n \"Since the inception of the Company less than one year ago, we have closed multiple major transactions that position i-80 as one of the largest holders of gold and silver resources in\n \n Nevada\n \n \", stated\n \n Ewan Downie\n \n , Chief Executive Officer of i-80. \"We have secured a strong balance sheet including nearly\n \n US$200 Million\n \n in cash and cash equivalents following funding of the previously announced financing package and have embarked on a peer-best production growth initiative in the world's most favorable mining jurisdiction\".\n \n \n \n About i-80 Gold Corp.\n \n \n \n \n i-80 Gold Corp.\n \n is a well-financed,\n \n Nevada\n \n -focused, mining company with a goal of achieving mid-tier gold producer status through the development of four new open pit and underground mining operations that will ultimately process ore at the Company's centrally located\n \n Lone Tree\n \n complex that includes an Autoclave.\n \n \n \n www.i80gold.com\n \n \n \n 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 Sto...