MondayFeb 22, 2021 9:33 am

QualityStocksNewsBreaks – Augusta Gold Corp. (CSE: G) (OTCQB: BFGCD) (FSE: 11B) Announces Increase of Private Placement

Augusta Gold (CSE: G) (OTCQB: BFGCD) (FSE: 11B) has increased the size of its previously announced private placement; the placement will now comprise 7.56 million units offered at C$2.25 with anticipated gross proceeds of C$17.0 million. The announcement notes that each unit includes one common share of the company as well as one-half of one common share purchase warrant, with each full warrant giving its holder the right to purchase a common share at the exercise price of C$2.80 anytime over the next three-year period. Augusta Gold intends to use the net proceeds from the private placement to support and continue…

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FridayFeb 12, 2021 9:18 am

QualityStocksNewsBreaks – Augusta Gold Corp. (CSE: G) (OTCQB: BFGCD) (FSE: 11B) Begins Bullfrog Gold Project 2021 Exploration Program

Augusta Gold (OTCQB: BFGCD) (CSE:G) (FSE: 11B) has commenced its 110,000 metre exploration program at its highly prospective wholly owned Bullfrog Gold project. The announcement noted that the number of drill rigs actively drilling at the site is expected to increase from two to five by April. In addition, five key exploration targets will be drilled during the two-phase approach, with advancing development in parallel with the drill program including archaeological studies, geologic mapping, geotechnical drilling and a geophysics survey. The $20 million 2021 exploration program includes 110,000 metres of diamond drilling with reverse circulation planned. The company noted that as drill…

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WednesdayFeb 10, 2021 11:51 am

QualityStocksNewsBreaks – Augusta Gold Inc. (CSE: G) (OTCQB: BFGCD) (FSE: 11B) Announces C$15M Fully Subscribed Private Placement

Augusta Gold (CSE: G) (OTCQB: BFGCD) (FSE: 11B) today announced a fully subscribed non-brokered private placement raising approximately C$15 million. Per the private placement, Augusta will offer 6.7 million units at a price of C$2.25 per unit with each unit comprised of one (1) common share of the company (a "common share") and one half (1/2) of one (1) common share purchase warrant (a "warrant"). Each full warrant entitles the holder to acquire one common share for a period of three years at an exercise price of C$2.80. Augusta Gold intends to utilize the proceeds to advance exploration efforts at…

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