Sydney, Australia--(Newsfile Corp. - December 21, 2016) - Austral Gold Limited (ASX: AGD) (TSXV: AGLD) (the "Company" or
"Austral") is pleased to announce the declaration of an unfranked dividend of A$0.009 per share, or approximately US$3.3
million.
The funds used to pay the dividend will be the cash proceeds from the sale of Goldrock Mines shares by Austral Gold Limited in
2016. Whilst the Board are reviewing the Company's dividend policy on an ongoing basis, there are no immediate plans to pay any
further dividends at this stage.
No dividend reinvestment plan will be available for this dividend.
Key Dates
Dividend record date 18th January 2017
Dividend payment date 1st February 2017
About Austral Gold
Austral Gold Limited
is a growing precious
metals mining,
development and
exploration company building a
portfolio of quality
assets in Chile and
Argentina. The Company's
flagship Guanaco
project in Chile is a
low-cost gold and
silver producing mine
with further
exploration upside.
The Company is also
operator of the
underground silver-gold
Casposo mine in San Juan,
Argentina. With an
experienced local
technical team and
highly regarded
major shareholder,
Austral's goal is to
continue to
strengthen its asset base
through acquisition and
discovery. Austral Gold
Limited is listed on the
TSX Venture Exchange
(TSXV: AGLD), and
the Australian
Securities Exchange
(ASX: AGD). For more
information, please
consult the company's
website www.australgold.com
Neither TSX Venture
Exchange nor its
Regulation Services
Provider (as that
term is defined in
the policies of the TSX
Venture Exchange) accepts
responsibility for
the adequacy or accuracy
of this release.
Further information
please contact:
