i-80 GOLD CORP. (NYSE:IAUX) (TSX:IAU) ("i-80 Gold", or the "Company") announces that it has entered into a termination and settlement agreement (the "Settlement Agreement") with Vox Royalty Cayman SEZC ("Vox Cayman") and its parent company, Vox Royalty Corp. ("Vox") to terminate the Company's gold offtake agreement (the "Offtake Agreement"). The termination of the Offtake Agreement is expected to provide the Company with greater financial and commercial flexibility, and further strengthen its balance sheet as it advances its development plan to create a Nevada-focused mid-tier gold producer.