Augusta Gold borrows additional $4.2M under secured note to fund operations ahead of AngloGold merger

AUGUSTA GOLD CORP.

Lender advanced $1M principal ($1.05M including $50k fee) on June 25, 2025 and $3M principal ($3.15M including $150k fee) effective July 31, 2025.
Total additional loans of $4.2M to fund ordinary business expenses prior to closing of proposed acquisition by AngloGold Ashanti plc (announced July 16, 2025).
If acquisition terminates, origination fees will be credited toward interest due under the note; otherwise all existing terms of the note unchanged.
The note is with Augusta Investments Inc. and has been amended multiple times since 2022; cumulative principal outstanding not disclosed.

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