Form 4: i-80 Gold Corp. Director Acquires Deferred Share Units

Director John William Seaman acquired 150,000 Deferred Share Units (DSUs) of i-80 Gold Corp. on May 20, 2025, which are convertible to common shares upon separation from the board.

Summary

• On May 20, 2025, John William Seaman, a director of i-80 Gold Corp., acquired 150,000 Deferred Share Units (DSUs).
• Each DSU is economically equivalent to one common share of i-80 Gold Corp.
• The DSUs vested immediately upon issuance and do not expire.
• The underlying common shares will not be issued, and the reporting person will not have voting or dispositive rights until separation as a director.
• The conversion price was C$0.71, converted at a rate of C$1.42 = US$1.00, resulting in a price of $0.50 per DSU.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction. The acquisition of shares by a director could be seen as a positive sign, but it's a routine part of compensation.

Positives

• The acquisition of DSUs by a director may signal confidence in the company's future performance.

Future Outlook

The reporting person will receive common shares equivalent to the number of DSUs held upon separation as a director of the Issuer.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency regarding the holdings of company insiders.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment as it indicates a director's investment in the company.

Key Dates

Keywords

i-80 Gold Corp, Deferred Share Units, DSU, Director, John William Seaman, Beneficial Ownership, Form 4, Insider Transaction