Augusta Gold acquired by AngloGold Ashanti for C$1.70/share, ~C$197M enterprise value

AUGUSTA GOLD CORP.

All-cash consideration of C$1.70/share, ~28% premium to July 15 closing price on TSX.
Enterprise value ~C$197M comprises ~C$152M equity value and ~C$45M stockholder loan repayment.
Transaction expected to close Q4 2025; subject to majority stockholder vote and minority approval per MI 61-101.
Supporting shareholders (31.5% of shares) agreed to vote in favor; termination fee of $3.6M payable under certain conditions.
Augusta Gold will become indirect wholly-owned subsidiary; shares delisted from TSX and OTCQB.

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