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Augusta Gold Corp T.G

Alternate Symbol(s):  AUGG

Metals & Mining Industrial Metals & Minerals
Augusta Gold Corp. is a Canada-based exploration and development company. The Company is focused on building a long-term business that delivers stakeholder value through developing the Reward and Bullfrog gold projects and pursuing accretive mergers and acquisitions (M&A) opportunities. The Bullfrog Gold Project is located in the prolific Walker Lane Trend approximately 120 miles north-west of Las Vegas, Nevada and four miles west of Beatty, Nevada. The Company controls approximately 7,800 acres of mineral rights, including the Bullfrog and Montgomery-Shoshone deposits and has identified significant additional mineralization around the existing pits. The Reward Project is located in the prolific Walker Lane Trend approximately 120 miles north-west of Las Vegas, Nevada and seven miles East of the Bullfrog Gold Project.


TSX:G - Post by User

Augusta Gold Corp > $17M Private placement: shareholder dilution
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Post by Concojoneson Mar 06, 2021 4:16am
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Post# 32735466

$17M Private placement: shareholder dilution

$17M Private placement: shareholder dilution

Am I missing something or did the retail investors just get diluted by the insiders?

Private placement at 2.25 CAD, that was at least 10% below the market rate at the time.

 

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