OTCQB:AUGG

AUGUSTA GOLD ANNOUNCES LOAN INCREASE AND EXTENSION; APPOINTMENT OF TY MINNICK AS INTERIM CFO

Retrieved on: 
Thursday, March 28, 2024
Certified Public Accountant, Loan, CFO, Extension, Increase, TSX, Creditor, Interim, Mining

VANCOUVER, BC, March 28, 2024 /PRNewswire/ - Augusta Gold Corp. (TSX: G) (OTCQB: AUGG) (FSE:11B) ("Augusta Gold" or the "Company") announces that it has increased the amount of its loan (the "Loan") with Augusta Investments Inc. (the "Lender"), the Company's largest shareholder, by $525,000 (the "Increase").

Key Points: 
  • VANCOUVER, BC, March 28, 2024 /PRNewswire/ - Augusta Gold Corp. (TSX: G) (OTCQB: AUGG) (FSE:11B) ("Augusta Gold" or the "Company") announces that it has increased the amount of its loan (the "Loan") with Augusta Investments Inc. (the "Lender"), the Company's largest shareholder, by $525,000 (the "Increase").
  • In connection with the Increase, the Company paid an origination fee to the Lender in the amount of $25,000.
  • The Company is also pleased to announce the appointment of Ty Minnick as Interim Chief Financial Officer of the Company, effective as of April 1, 2024.
  • Mr. Minnick has been working with Augusta Gold Corp. as a consultant, (formerly, Bullfrog Gold Corp.), and was its Chief Financial Officer from 2011 until October 2020.

AUGUSTA GOLD ANNOUNCES LOAN EXTENSION

Retrieved on: 
Thursday, September 14, 2023
Technical report, Person, FSE, Qualified Person Responsible For Pharmacovigilance, Gold, National instrument, TSX, News, Regulation, Technical, Cryptocurrency

VANCOUVER, BC, Sept. 14, 2023 /PRNewswire/ - Augusta Gold Corp. (TSX: G) (OTCQB: AUGG) (FSE: 11B) ("Augusta Gold" or the "Company") announces that it has negotiated a three-month extension to the maturity date of its loan with Augusta Investments Inc., the Company's largest shareholder.

Key Points: 
  • VANCOUVER, BC, Sept. 14, 2023 /PRNewswire/ - Augusta Gold Corp. (TSX: G) (OTCQB: AUGG) (FSE: 11B) ("Augusta Gold" or the "Company") announces that it has negotiated a three-month extension to the maturity date of its loan with Augusta Investments Inc., the Company's largest shareholder.
  • The Company is actively advancing the Reward Project and other opportunities in the gold sector.
  • Management intends to use the fully permitted Reward Project and brownfield Bullfrog Project as a foundation to build a new mid-tier gold company and has the financial support of its largest shareholders.
  • The Reward Project and Bullfrog Project host combined measured and indicated mineral resources of 1,635,990 oz gold and combined inferred mineral resources of 285,000 oz gold.