24 Feb 2021director interest notice● Neutral
AUGUSTA GOLD CORP. director Lenard F. Boggio received a stock option grant for 350,000 shares.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
24 Feb 2021director interest notice● Neutral
AUGUSTA GOLD CORP. SR VP, Corp Affairs & Secr Purni Parikh received a stock option grant for 400,000 shares.
24 Feb 2021director interest notice● Neutral
AUGUSTA GOLD CORP. President Maryse Belanger received a stock option grant for 800,000 shares.
22 Feb 2021capital raising announcement● Neutral
On February 21, 2021 the company raised the size of the February private placement to 7.56 million units at C$2.25, for total gross proceeds of C$17.0 million (up from about C$15 million). Terms are otherwise the same: one share and a half warrant per unit, with warrants exercisable at C$2.80 for three years. This continues the February financing and means slightly more dilution than first announced.
What it means for a shareholder
7.6m new shares at C$2.25 to raise about C$17.0m. That's 12% dilution: every existing holder's slice gets 12% smaller. If you held C$1,000 of shares (444 at the issue price), your slice goes from 0.000796% to 0.000701% of the company. To keep it you'd need 60 more shares - about C$135 at the issue price.
Create a free account to see this worked out for your own holding.
11 Feb 2021capital raising announcement● NeutralMajor
On February 10, 2021 the company announced a fully subscribed private placement of about C$15 million: 6.7 million units at C$2.25, each with one share and a half warrant exercisable at C$2.80 for three years. Per the press release it is fully subscribed by insiders including Richard Warke and other strategic investors, with proceeds for exploration at the Bullfrog project and working capital. This is new financing following the October 2020 deal and will dilute existing holders.
What it means for a shareholder
6.7m new shares at C$2.25 to raise about C$15.0m. That's 11% dilution: every existing holder's slice gets 11% smaller. If you held C$1,000 of shares (444 at the issue price), your slice goes from 0.000796% to 0.000711% of the company. To keep it you'd need 53 more shares - about C$119 at the issue price.
Create a free account to see this worked out for your own holding.
8 Feb 2021director interest notice● Neutral
David Coates Beling became a AUGUSTA GOLD CORP. company insider (initial ownership filing).
5 Feb 2021substantial holder notice● Neutral
Augusta Investments Inc reported a AUGUSTA GOLD CORP. shareholding of 36,083,334 shares (46.86% of votes) in a periodic institutional filing.
4 Feb 2021director interest notice● Neutral
AUGUSTA GOLD CORP. director Lenard F. Boggio bought 20,000 shares on the open market at $1.88.
3 Feb 2021substantial holder notice● Neutral
The Beling Family Trust, c/o David Beling Trustee disclosed a new substantial AUGUSTA GOLD CORP. shareholding (7.80% of votes).
2 Feb 2021director interest notice● Neutral
AUGUSTA GOLD CORP. director Augusta Investments INC. bought 250,000 shares on the open market at $1.38.
29 Jan 2021security holder rights change● Neutral
The name change to Augusta Gold Corp. and a one-for-six reverse stock split took effect on January 26, 2021, so every six shares became one. Fractional shares were rounded up, no cash was paid, and the Series B preferred conversion terms, options and warrants were adjusted proportionately (exercise prices multiplied by six, share numbers divided by six). Authorized share numbers did not change. This is a restructuring of the share count and does not by itself change anyone's percentage ownership.
27 Jan 2021director interest notice● Neutral
Lenard F. Boggio became a AUGUSTA GOLD CORP. director and company insider (initial ownership filing).
15 Jan 2021director interest notice● Neutral
John A. Boehner became a AUGUSTA GOLD CORP. director and company insider (initial ownership filing).
13 Jan 2021director interest notice● Neutral
Poonam Puri became a AUGUSTA GOLD CORP. director and company insider (initial ownership filing).
13 Jan 2021director interest notice● Neutral
Augusta Investments INC. became a AUGUSTA GOLD CORP. 10%+ owner and company insider (initial ownership filing).
13 Jan 2021director interest notice● Neutral
Richard W Warke became a AUGUSTA GOLD CORP. director and company insider (initial ownership filing).
12 Jan 2021director interest notice● Neutral
John Francis Hill became a AUGUSTA GOLD CORP. VP, HR & Safety and company insider (initial ownership filing).
12 Jan 2021director interest notice● Neutral
William Robert Morgan became a AUGUSTA GOLD CORP. VP, Capital Projects and company insider (initial ownership filing).
12 Jan 2021director interest notice● Neutral
Thomas Ellard became a AUGUSTA GOLD CORP. Chief Administrative Officer and company insider (initial ownership filing).
5 Jan 2021director interest notice● Neutral
John Francis Hill became a AUGUSTA GOLD CORP. VP, HR & Safety and company insider (initial ownership filing).
5 Jan 2021director interest notice● Neutral
AUGUSTA GOLD CORP. director David Coates Beling acquired 5,000,000 shares at $0.23 under a company stock plan.
4 Jan 2021director interest notice● Neutral
William Robert Morgan became a AUGUSTA GOLD CORP. VP, Capital Projects and company insider (initial ownership filing).
31 Dec 2020director interest notice● Neutral
AUGUSTA GOLD CORP. director David Coates Beling acquired 5,000,000 shares at $0.23 under a company stock plan.
31 Dec 2020director interest notice● Neutral
Thomas Ellard became a AUGUSTA GOLD CORP. Chief Administrative Officer and company insider (initial ownership filing).
30 Dec 2020director interest notice● Neutral
AUGUSTA GOLD CORP. 10%+ owner Augusta Investments INC. bought 6,500,000 shares on the open market at $0.23.
9 Dec 2020director interest notice● Neutral
Lynette Gould became a AUGUSTA GOLD CORP. Sr. VP, Inv Rel & Corp Dev and company insider (initial ownership filing).
23 Nov 2020director interest notice● Neutral
Purni Parikh became a AUGUSTA GOLD CORP. SR VP, Corp Affairs & Secr and company insider (initial ownership filing).
23 Nov 2020director interest notice● Neutral
Thomas A. Ladner became a AUGUSTA GOLD CORP. VP, Legal and company insider (initial ownership filing).
13 Nov 2020quarterly activities report▼ Bad
AUGUSTA GOLD CORP. reported quarterly revenue of $0 and a net loss of $957 thousand for the period ended 2020-09-30.
2 Nov 2020director interest notice● Neutral
Donald Richard Taylor became a AUGUSTA GOLD CORP. director and company insider (initial ownership filing).