28 Mar 2023substantial holder notice● Neutral
Augusta Investments Inc, Richard Warke reported a AUGUSTA GOLD CORP. shareholding of 44,746,615 shares (42.38% of votes) in a periodic institutional filing.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
24 Mar 2023director interest notice● Neutral
AUGUSTA GOLD CORP. insider Augusta Investments INC. bought 2,996,200 shares on the open market at $0.97.
3 Mar 2023director interest notice● Neutral
AUGUSTA GOLD CORP. director Augusta Investments INC. bought 15,000 shares on the open market.
22 Feb 2023director interest notice● Neutral
AUGUSTA GOLD CORP. director Augusta Investments INC. bought 300 shares on the open market at $0.95.
3 Feb 2023director interest notice● Neutral
AUGUSTA GOLD CORP. director Daniel Earle bought 36,800 shares on the open market.
20 Jan 2023material agreement● NeutralMajor
The company closed the bought-deal offering announced on Jan 11, selling 6,725,147 units at Cdn$1.71 for about Cdn$11.5M gross, after the underwriters fully used their over-allotment option (the earlier plan was about Cdn$10.0M). Each unit carries one share and half a warrant at Cdn$2.30 until Jan 20, 2026, so up to 3,362,573 warrant shares plus 336,257 underwriter warrants at Cdn$1.71 (to Jan 2024) add to future dilution. The press release says net proceeds are intended for advancing the Bullfrog Project, working capital and general corporate purposes; it does not mention repaying the Augusta Investments note.
13 Jan 2023material agreement● NeutralMajor
On January 11, 2023 the company agreed to sell 5,847,954 units at Cdn$1.71 each in an underwritten 'bought deal' for gross proceeds of about Cdn$10.0M (about Cdn$8.78M net estimated), each unit being one share plus half a warrant exercisable at Cdn$2.30 for 36 months. The underwriters have a 30-day option for up to 877,193 more units, and receive a 5% cash commission and compensation warrants at Cdn$1.71. This adds new shares and warrants (dilution); the filing does not say how proceeds will be used, so whether it addresses the secured note to Augusta Investments is not stated.
11 Jan 2023securities registration● Neutral
AUGUSTA GOLD CORP. filed a prospectus supplement for an offering off its existing shelf.
10 Jan 2023securities registration● Neutral
AUGUSTA GOLD CORP. filed a prospectus supplement for an offering off its existing shelf.
5 Jan 2023director interest notice● Neutral
AUGUSTA GOLD CORP. director Augusta Investments INC. bought 20,000 shares on the open market.
14 Nov 2022quarterly activities report● Neutral
AUGUSTA GOLD CORP. reported a quarterly net income of $310 thousand for the period ended 2022-09-30.
25 Oct 2022director interest notice● Neutral
AUGUSTA GOLD CORP. director Augusta Investments INC. bought 10,000 shares on the open market.
5 Oct 2022substantial holder notice● Neutral
Augusta Investments Inc, Richard Warke reported a AUGUSTA GOLD CORP. shareholding of 41,705,115 shares (42.18% of votes) in a periodic institutional filing.
3 Oct 2022director interest notice● Neutral
AUGUSTA GOLD CORP. VP, Environmental & Permitting Johnny Pappas acquired 350,000 shares and disposed of 350,000 in a set of related equity transactions.
3 Oct 2022director interest notice● Neutral
AUGUSTA GOLD CORP. director Poonam Puri acquired 350,000 shares and disposed of 350,000 in a set of related equity transactions.
3 Oct 2022director interest notice● Neutral
AUGUSTA GOLD CORP. Chief Financial Officer Michael Mcclelland acquired 400,000 shares and disposed of 400,000 in a set of related equity transactions.
3 Oct 2022director interest notice● Neutral
AUGUSTA GOLD CORP. director John A. Boehner acquired 350,000 shares and disposed of 350,000 in a set of related equity transactions.
3 Oct 2022director interest notice● Neutral
AUGUSTA GOLD CORP. director Lenard F. Boggio acquired 350,000 shares and disposed of 350,000 in a set of related equity transactions.
3 Oct 2022director interest notice● Neutral
AUGUSTA GOLD CORP. VP, Legal Thomas A. Ladner acquired 150,000 shares and disposed of 150,000 in a set of related equity transactions.
3 Oct 2022director interest notice● Neutral
AUGUSTA GOLD CORP. director Daniel Earle acquired 350,000 shares and disposed of 350,000 in a set of related equity transactions.
3 Oct 2022director interest notice● Neutral
AUGUSTA GOLD CORP. SR VP, Corp Affairs & Secr Purni Parikh acquired 400,000 shares and disposed of 400,000 in a set of related equity transactions.
3 Oct 2022director interest notice● Neutral
AUGUSTA GOLD CORP. President and CEO Donald Richard Taylor acquired 1,350,000 shares and disposed of 850,000 in a set of related equity transactions.
3 Oct 2022director interest notice● Neutral
AUGUSTA GOLD CORP. director Richard W Warke acquired 800,000 shares and disposed of 800,000 in a set of related equity transactions.
20 Sept 2022substantial holder notice● Neutral
Augusta Investments Inc, Richard Warke reported a AUGUSTA GOLD CORP. shareholding of 41,705,115 shares (42.18% of votes) in a periodic institutional filing.
19 Sept 2022asset acquisition disposition▼ BadMajor
On September 13, 2022 the company borrowed US$22,232,561 from Augusta Investments Inc. (the existing major shareholder group; the filing names it as lender, and earlier notices show it as a director-linked buyer of shares) through a secured note and used it to pay Waterton the second and deferred payments for Reward, ending its obligations to Waterton and releasing Waterton's security over Reward. The note bears interest at prime plus 3%, runs at most 12 months, is secured by a first-priority lien on all company assets and guaranteed by subsidiaries, and carries a 0.5% origination fee. The Waterton debt is replaced by debt to Augusta Investments that matures within a year.
18 Aug 2022securities registration● Neutral
AUGUSTA GOLD CORP. filed the final prospectus for a registered offering.
9 Aug 2022securities registration● Neutral
AUGUSTA GOLD CORP. amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
8 Aug 2022director interest notice● Neutral
AUGUSTA GOLD CORP. director Augusta Investments INC. bought 10,100 shares on the open market.
8 Aug 2022quarterly activities report▼ Bad
AUGUSTA GOLD CORP. reported a quarterly net loss of $7.5 million for the period ended 2022-06-30.
2 Aug 2022director interest notice● Neutral
AUGUSTA GOLD CORP. director Augusta Investments INC. bought 3,900 shares on the open market at $1.39.