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Austral Gold Limited - $AGLDF STOCK NEWS

Welcome to our dedicated page for Austral Gold news (Ticker: $AGLDF), a resource for investors and traders seeking the latest updates and insights on Austral Gold stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Austral Gold's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Austral Gold's position in the market.

Rhea-AI Summary

Austral Gold announced successful results from its 2024 Annual General Meeting on May 27, 2024.

Shareholders approved all resolutions listed in the Notice of Meeting from April 28, 2024.

The meeting saw a strong voter turnout, with all resolutions passed via poll. Austral Gold, trading under the symbols AGD (ASX), AGLD (TSXV), and AGLDF (OTCQB), reaffirmed its strategic goals and commitments to shareholders.

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Austral Gold has announced a change in the address of its share registry office. As of May 23, 2024, Computershare Investor Services Pty has relocated to 6 Hope St, Ermington, NSW 2115. Telephone numbers and postal addresses remain unchanged. All documentation from member organizations, security holders, and other parties must now be submitted to this new address.

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Austral Gold and New Dimension Guernsey have agreed to sell their interests in the Sierra Blanca Project to Unico Silver. Austral Gold owns 54.69% of Sierra Blanca, and New Dimension owns 45.31%. The consideration for the sale includes 5,000,000 shares of Unico and reimbursement of certain administrative fees up to A$20,000. As a result, Austral Gold's interest in Unico will increase from 11.62% to 12.33%. The completion of the sale is subject to conditions such as Unico obtaining shareholder approval and the entry into a deed of assignment regarding a royalty over the Sierra Blanca permits. These conditions must be satisfied by or before July 31, 2024.

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Austral Gold has filed its Q1 2024 Quarterly Activity Report, showcasing its financial performance and operations in the gold production sector. The company's report is available for public access on various platforms, highlighting its commitment to transparency and accountability.

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Austral Gold announced that its Argentine subsidiary, AGASA, secured an unsecured related party loan of AR$1,400 million from Banco Hipotecario. The loan will be used to repay a bridge loan from Consultores Assets Management SA. The terms include a 6-month loan term, an interest rate of 5-day average Badlar rate + 2%, and no security provided.

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Austral Gold (ASX: AGD) (TSXV: AGLD) (OTCQB: AGLDF) has announced their 2024 Annual General Meeting (AGM) scheduled for May 28, 2024, in Sydney, Australia. Shareholders have received the necessary documents, including the Notice of AGM, Shareholder proxies, and the 2023 Annual Report. The documents are available on various platforms for shareholder convenience.

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Austral Gold (AGLDF) releases its Annual Report for FY23, showcasing financial performance and operational highlights.
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Austral Gold secures a new unsecured related party loan facility of up to US$2.2 million from Consultores Assets Management S.A., with favorable terms, including an interest rate of 9% per annum, for working capital purposes.
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Austral Gold Limited (AGLDF) files Appendix 4E Preliminary Final Report for FY23, showcasing strong financial performance.
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Austral Gold Limited completes the first tranche of a non-brokered private placement financing, raising US$590,503 for working capital. The convertible notes offer a 9% per annum interest rate and can be converted into ordinary shares at specified prices over a two-year period.
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Austral Gold Limited

OTC:AGLDF

AGLDF Rankings

AGLDF Stock Data

14.57M
100.24M
83.19%
0.07%
Crushed and Broken Limestone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
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United States of America
Sydney