The TSX Venture Exchange has accepted for filing documentation in connection with an arrangement agreement dated Feb. 26, 2023, between Paycore Minerals Inc. and i-80 Gold Corp., pursuant to which i-80 acquired all of the issued and outstanding common shares of Paycore by way of a plan of arrangement under the Business Corporations Act (Ontario). Under the terms of the arrangement, Paycore shareholders will receive 0.68 of an i-80 common share for each Paycore common share held. Additionally, all outstanding options and warrants of Paycore will be exchanged into securities of i-80 in accordance with the terms of the arrangement.

The exchange has been advised that the requisite approval of the arrangement by Paycore shareholders was received at a special meeting of shareholders held on April 25, 2023, and that the Ontario Superior Court of Justice granted a final order with respect to the arrangement on May 2, 2023. The arrangement was completed on May 5, 2023.

Effective at the close of business on Thursday, May 11, 2023, the common shares of Paycore will be delisted from the TSX Venture Exchange.

For further details, please refer to Paycore's management information circular dated March 27, 2023 (filed on SEDAR), and news releases dated Feb. 27, 2023, April 25, 2023, and May 8, 2023.