i-80 GOLD CORP. (TSX: IAU) (OTCQX: IAUCF) ("i-80", or the "Company") is pleased to announce that further to its news release dated December 14, 2021, it has completed the closing of the gold prepay and silver purchase and sale portions of the financing package with Orion Mine Finance ("Orion"). With these last components of the financing package completed and when combined with the previously completed segments, i-80 currently has approximately US$165 million in cash and restricted cash. The package also provides for access to an additional $100 million potentially available via an accordion feature subject to certain conditions being satisfied (the "Financing Package")