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i-80 to acquire Paycore, consolidate Ruby Hill

i-80 Gold is to acquire junior gold explorer Paycore Minerals in an all-stock deal with a 36% premium to obtain the FAD deposit adjacent to its Ruby Hill property in Nevada, US.

Paul Harris
i-80 Gold's Ruby Hill in Nevada, USA

i-80 Gold's Ruby Hill in Nevada, USA

i-80 will give 0.68 of a share for each Paycore share held, with existing i-80 shareholders to own 90% and Paycore shareholders 10% of the combined company. The transaction will consolidate the northern...

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