FilingReader Intelligence
AngloGold Ashanti acquires Augusta Gold for C$152m
July 16, 2025 at 09:01 PM UTC•By FilingReader AI
AngloGold Ashanti will acquire all outstanding shares of Augusta Gold for C$1.70 per share, valuing the company at C$152 million. This represents a 28% premium to Augusta Gold's July 15 closing price.
The acquisition includes the permitted Reward project and Bullfrog deposit, expanding AngloGold Ashanti's footprint in Nevada's Beatty District. The transaction is expected to close in Q4 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
JSE:ANGE•Johannesburg Stock Exchange
News Alerts
Get instant email alerts when ANGLOGOLD ASHANTI PLC publishes news
Free account required • Unsubscribe anytime