Augusta Gold Corp. (TSX: G, OTCQB: AUGG) announced that at a special meeting held on October 21, 2025, its stockholders approved the merger resolution, giving the company’s shareholders the green light to merge with AngloGold Ashanti (U.S.A.) Holdings Inc. and its Nevada subsidiary. The vote represented 59,884,859 shares—about 69.69% of the issued and outstanding shares as of the record date of September 12, 2025—and was approved by 69.44% of the shares voted, with 99.37% of the shares cast at the meeting after excluding certain related parties. The merger is expected to close on or around October 23, 2025, subject to customary closing conditions, and will result in Augusta Gold becoming a wholly‑owned subsidiary of AngloGold Ashanti. Following the merger, Augusta Gold’s shares will be delisted from the Toronto Stock Exchange and will cease to be quoted on the OTCQB, and the company will apply to cease reporting obligations in Canada and the United States. The transaction marks a significant shift in Augusta Gold’s corporate structure, providing the company with access to AngloGold Ashanti’s resources and potentially accelerating the development of its Reward and Bullfrog gold projects.
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