AUGUSTA GOLD ANNOUNCES LOAN EXTENSION

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Augusta Gold Corp. (TSX: G) (OTCQB: AUGG) (FSE:11B) has extended the maturity date of its loan with Augusta Investments Inc., the Company's largest shareholder, to March 31, 2024.

VANCOUVER, BC, Dec. 13, 2023 /PRNewswire/ - Augusta Gold Corp. (TSX: G) (OTCQB: AUGG) (FSE:11B) ("Augusta Gold" or the "Company") announces that it has extended the maturity date of its loan with Augusta Investments Inc., the Company's largest shareholder, to March 31, 2024.

About Augusta Gold

Augusta Gold is an exploration and development company focused on building a long-term business that delivers stakeholder value through developing the Reward and Bullfrog gold projects and pursing accretive M&A opportunities. The Reward and Bullfrog gold projects are located in the prolific Bullfrog mining district approximately 120 miles north-west of Las Vegas, Nevada and just outside of Beatty, Nevada. The Company is led by a management team and board of directors with a proven track record of success in financing and developing mining assets and delivering shareholder value. For more information, please visit www.augustagold.com.

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SOURCE Augusta Gold Corp.

FAQ

What is the ticker symbol for Augusta Gold Corp.?

The ticker symbols for Augusta Gold Corp. are TSX: G, OTCQB: AUGG, and FSE:11B.

What is the loan maturity date extension announcement about?

The announcement is about Augusta Gold Corp. extending the maturity date of its loan with Augusta Investments Inc., its largest shareholder, to March 31, 2024.

Who is Augusta Gold Corp.'s largest shareholder?

Augusta Investments Inc. is the largest shareholder of Augusta Gold Corp.

What is the significance of the loan maturity date extension for Augusta Gold Corp.?

The extension provides the company with more time to repay the loan, potentially improving its financial position and flexibility.

How does the loan maturity date extension impact Augusta Gold Corp.'s stock performance?

The impact on the stock performance will depend on how the market interprets the extension and the company's future financial performance.

What are the different stock exchange listings for Augusta Gold Corp.?

Augusta Gold Corp. is listed on TSX, OTCQB, and FSE with the ticker symbols G, AUGG, and 11B respectively.