Augusta Gold (TSE:G) has released an update.
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Augusta Gold Corp. has successfully negotiated an extension of its loan maturity date to April 30, 2025, along with securing an additional loan amount to cover all interest and fees payable through the end of September 2024. The deal, structured with Augusta Investments Inc., also stipulates that any interest from October 2024 to the new maturity date is contingent on shareholder approval as per Toronto Stock Exchange regulations. The agreement ensures financial stability for Augusta Gold as it continues to develop its mining projects and pursue strategic acquisitions.
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