i-80 Gold (IAUX) Terminates Gold Offtake Deal

Gold Corp. (NYSEAMERICAN:IAUX) is one of the 8 High Growth Penny Stocks to Buy.

On June 26, 2026, i-80 Gold Corp. (NYSEAMERICAN:IAUX) entered into a termination and settlement agreement with Vox Royalty Cayman SEZC and parent company Vox Royalty Corp. to terminate its gold offtake agreement. The termination removes i-80 Gold’s fixed obligation to sell and deliver up to 40,000 ounces of refined gold per year from its Granite Creek and Ruby Hill properties through December 31, 2028. The company said the move is expected to provide greater financial and commercial flexibility and result in cash flow savings through 2028.

Under the agreement, i-80 Gold will issue 3,453,237 common shares to Vox, as nominee of Vox Cayman, to satisfy its obligations under the offtake agreement. The shares represent aggregate consideration of $4.8M, based on a price per share of $1.39. Vox said the stream covered 100% of gold production from Ruby Hill, Cove, and Granite Creek assets in Nevada, up to an annual cap of 40,000 ounces per year until December 2028. The stream generated $270,000 in net precious metal margin in Q1 2026 and had a carrying value of about $2.6M as of March 31. Completion is expected before June 30.

i-80 Gold Corp. (NYSEAMERICAN:IAUX) explores and advances gold and silver mineral deposits in the United States.

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