RENO, Nev., Feb. 03, 2023 (GLOBE NEWSWIRE) — i-80 GOLD CORP. (TSX:IAU) (NYSE:IAUX) (" i-80 ", or the " Company "), is pleased to announce that further to its news release from February 02, 2023 it has entered into a revised agreement with Sprott Capital Partners (" Sprott ") and CIBC Capital Markets (" CIBC " and together with Sprott, the " Co-Lead Agents "), to increase the size of the previously announced "best efforts" private placement offering (the " Offering ") due to strong investor demand. Pursuant to the amendment, the revised Offering will consist of US$65,000,000 principal amount of secured convertible debentures (the " Convertible Debentures ") of the Company.