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.

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