tiprankstipranks
Augusta Gold Restructures Debt and Extends Loan Maturity
Company Announcements

Augusta Gold Restructures Debt and Extends Loan Maturity

Augusta Gold (AUGG) has shared an update.

Augusta Gold Corp. amended its agreement with Augusta Investments Inc., resulting in the extension of a promissory note’s maturity date to June 30, 2024, and the addition of a new loan of $525,000. The updated note, now totaling $22,793,852.82, includes extension fees and carries an interest rate of prime plus 3%. The company’s assets and its subsidiaries’ assets secure the note, emphasizing the company’s commitment to its financial obligations.

See more data about AUGG stock on TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskAugusta Gold Secures Loan Maturity Extension
TipRanks Canadian Auto-Generated NewsdeskAugusta Gold Shareholders Approve Board and Plans
TipRanks Canadian Auto-Generated NewsdeskAugusta Gold Enhances Loan and Names New CFO
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!