AngloGold finalises acquisition of Augusta Gold

Core Points - Augusta Gold has completed its merger with AngloGold Ashanti, becoming an indirect, wholly owned subsidiary of AngloGold Ashanti's US-based holdings [1] - The merger agreement included a cash payment of C$1.70 for each common share held by Augusta Gold stockholders [2] - Augusta Gold is in the process of delisting its common shares from the Toronto Stock Exchange and ceasing quotations on the OTCQB [3] Summary by Sections Merger Completion - The merger was approved by Augusta Gold stockholders during a special meeting on 20 October 2025 [1] - Augusta Gold is now fully owned by AngloGold Ashanti [1] Shareholder Compensation - Stockholders will receive C$1.70 in cash for each common share [2] - Beneficial shareholders will have their compensation processed automatically, while registered shareholders must submit a letter of transmittal and share certificates [2] Regulatory and Reporting Changes - Augusta Gold plans to file a Form 15 with the SEC to terminate its share registration and suspend reporting obligations [4] - The company has applied to Canadian authorities to terminate its status as a reporting issuer [3] - The letter of transmittal for registered stockholders will be distributed within five business days post-merger [3] Company Focus - Augusta Gold is focused on the Reward and Bullfrog gold projects in Nevada [5] - AngloGold Ashanti recently sold its entire stake in G2 Goldfields in Canada [5]