SCHEDULE: Daniel Kaufman Discloses 6.27% Stake in i-80 Gold Corp.

Sentiment:

Beneficial Ownership Report


Individual investor Daniel Kaufman has disclosed a 6.27% beneficial ownership stake in i-80 Gold Corp. common shares.

Summary

  • Daniel Kaufman, an individual investor, has reported beneficial ownership of 51,819,687 common shares of i-80 Gold Corp.
  • This ownership represents 6.27% of the company's outstanding common shares.
  • The calculation is based on 826,281,972 shares outstanding as of November 12, 2025, as reported in the Issuer's Form 10Q for the quarterly period ended September 30, 2025.
  • Kaufman holds sole voting power and sole dispositive power over all 51,819,687 shares.
  • The shares were not acquired for the purpose of changing or influencing the control of i-80 Gold Corp., other than activities solely in connection with a nomination under Rule 14a-11.

Sentiment

Score: 7

Explanation: The disclosure of a significant individual stake, especially with a disclaimer against control influence, is generally viewed as a positive signal of investor confidence in the company's value, without the immediate threat of activist pressure.

Positives

  • A significant individual investor, Daniel Kaufman, has taken a substantial 6.27% stake in i-80 Gold Corp., potentially signaling confidence in the company's future prospects.
  • The investor explicitly states that the shares were not acquired for the purpose of changing or influencing control, which may reduce concerns about potential activist investor actions.

Future Outlook

NA

Management Comments

  • Daniel Kaufman certified that, to the best of his knowledge and belief, the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer, nor were they acquired or held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 14a-11.

Industry Context

In the mining sector, significant individual investor stakes can sometimes precede increased scrutiny or potential strategic shifts, though in this case, the investor has disclaimed intent to influence control. Such disclosures are common for companies with active retail or high-net-worth investor bases.

Stakeholder Impact

  • Shareholders: The disclosure of a significant individual stake may be viewed positively, potentially boosting investor confidence and market perception. The explicit statement against influencing control may reassure existing management and long-term shareholders.

Key Dates

DateDescription
2025-11-12Date of shares outstanding calculation (826,281,972 shares) per Form 10Q.
2025-12-31Date of event which required the filing of this statement (crossing the 5% ownership threshold).
2026-01-09Date the Schedule 13G statement was signed and filed.

Keywords

i-80 Gold Corp., Daniel Kaufman, Beneficial Ownership, Schedule 13G, Common Shares, Mining, Gold, Investor Stake

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