AUSGOLD LIMITED(AUC)

The suspension of trading in the securities of AusGold Limited will be lifted immediately following the release by AUC of an announcement regarding a capital raising.

The company releases a notice of proposed issue of securities.

The company releases its Corporate Presentation June 2024.

Ausgold has received firm commitments totalling A$38 million in a two-tranche placement to institutional and sophisticated investors, reflecting strong investor support for the Katanning Gold Project. The Placement was cornerstoned by leading international institutional investors, including: existing institutional investor, Jupiter Asset Management, which increases its holding to 12.7%; and existing institutional investor, Dundee Corporation, retains a 10.9% holding through the Institutional Placement (subject to required FIRB approval being obtained). Newly appointed Executive Chairman, Mr John Dorward, has agreed to subscribe for A$1 million under the Institutional Placement, subject to Ausgold obtaining shareholder approval. The Placement was completed at A$0.03 per share, representing a discount of 7.68% to the 20-day VWAP. The proceeds will be used to underpin ongoing work programs at the KGP through to a Final Investment Decision, including completion of the Definitive Feasibility Study, settlement of the acquisition of freehold land and continuing regional exploration.

The securities of Ausgold Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of AUC, pending the release of an announcement regarding a capital raising.

The suspension of trading in the securities of Ausgold Limited will be lifted immediately, following the release by AUC of an announcement regarding a capital raising.

The company releases a notice of Proposed issue of Securities - AUC.

Firm commitments received to raise $6.35 million from institutional and sophisticated investors. $3 million cornerstone investment from Dundee Goodman Merchant Partners, a respected Canadian resource investor. Proceeds will be used to accelerate Resource drilling within the Central Zone at the 100%-owned Katanning Gold Project (KGP) which currently holds a JORC Resource of 1.2 million ounces of gold. Large drill program at KGP to include RC and diamond drill program planned to add high-grade Resource ounces within the Central Zone, including Jinkas south and north lodes; Auger and AC regional exploration drilling program to advance high priority gold and PGE targets to further build Resource base through discovery .

The securities of Ausgold Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of AUC, pending the release of an announcement regarding a capital raising.

The suspension of trading in the securities of Ausgold Limited will be lifted immediately, following receipt of an announcement regarding a placement.

The company has received binding commitments for a share placement to raise $1.5 million before costs. The company will also be conducting a 1-for-5 non-renounceable entitlement issue to existing eligible shareholders. Funds will be allocated primarily towards drilling at Katanning Gold Project.

The securities of Ausgold Limited will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement.

securities reinstated following an announcement

securities suspended pending an announcement