secwatch.observer — SEC 8-K summary
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Issuer:     AUGUSTA GOLD CORP. (—)
CIK:        0001448597
Form:       8-K
Filed at:   2024-03-28T23:59:59+00:00
Accession:  0001213900-24-027186
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Augusta Gold CFO resigns effective Mar 31; debt amended with $525K loan, maturity to June 30
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- CFO Michael McClelland resigns effective March 31, 2024; Tyler Minnick appointed interim CFO effective April 1.
- Debt amendment extends Note maturity from March 31 to June 30, 2024; extension fee of $27,790.70 accrued.
- Additional $525,000 loan (less $25,000 origination fee) added; total principal $22,793,852.82.
- Interest rate remains prime plus 3%; governing law changed from Delaware to Nevada.
- Note secured by first-priority lien on all assets and subsidiaries' guarantees via Amended Security Agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1448597/000121390024027186/0001213900-24-027186-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1448597/000121390024027186/ea0202799-8k_augusta.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-027186

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