Austin Gold Corp. Options the Stockade Mountain Project
Austin Gold Corp. (“Austin” or the “Company”) is pleased to announce that it has signed a mineral lease and option agreement with Bull Mountain Resources LLC ("BMR") to lease a 100% interest in the Stockade Property located in southeastern Oregon.
Austin Gold Corp. Closes Initial Public Offering, Including Full Exercise of the Over-allotment Option
Austin Gold Corp. (“Austin Gold” or the “Company”) (NYSE American: AUST) is pleased to announce the closing of its initial public offering of 3,265,000 of its common shares at a price of $4.00 per share. The company also announces that the underwriters have exercised their option to acquire an additional 489,750 shares to cover overallotments in connection with the offering. After the underwriting discount and estimated offering expenses payable by the Company, the Company has received net proceeds of approximately $13.85 million.
