Austral Gold Announces TSXV Approval to Issue Shares
Austral Gold (OTCQB: AGLDF) announced TSXV approval to issue 1,025,077 fully paid ordinary shares as repayment of accrued interest under previously issued convertible notes.
The accrued interest was converted at a AUD$0.118 per share conversion price, consistent with the prior conversion of principal. Shares will be issued under the company’s existing capacity pursuant to ASX Listing Rule 7.1.
The shares issued for interest will be subject to a four-month statutory hold under Canadian securities laws; no Australian hold period applies.
Austral Gold (OTCQB: AGLDF) ha ottenuto l'approvazione TSXV per emettere 1.025.077 azioni ordinarie interamente pagate come rimborso degli interessi maturati sui note convertibili emessi in precedenza.
Gli interessi maturati sono stati convertiti a un prezzo di conversione di AUD$0.118 per azione, coerentemente con la conversione precedente del capitale. Le azioni saranno emesse secondo la capacità esistente dell'azienda ai sensi della ASX Listing Rule 7.1.
Le azioni emesse per gli interessi saranno soggette a una tregua statutaria di quattro mesi ai sensi delle leggi sui titoli canadesi; non si applica alcun periodo di trattenuta australiano.
Austral Gold (OTCQB: AGLDF) anunció la aprobación de TSXV para emitir 1,025,077 acciones ordinarias totalmente pagadas como reembolso de intereses acumulados bajo notas convertibles emitidas previamente.
Los intereses acumulados se convirtieron a un precio de conversión de AUD$0.118 por acción, consistente con la conversión previa del principal. Las acciones se emitirán bajo la capacidad existente de la empresa conforme a la Regla 7.1 de Listado de ASX.
Las acciones emitidas por intereses estarán sujetas a una retención estatutaria de cuatro meses conforme a las leyes de valores canadienses; no se aplica un período de retención australiano.
Austral Gold (OTCQB: AGLDF)는 이전에 발행된 전환사채에 대한 accrual 이자를 상환하기 위해 1,025,077주의 완전 납입 보통주를 발행하는 것을 TSXV가 승인했다고 발표했습니다.
적립 이자는 AUD$0.118 per share의 전환가로 전환되었으며, 원금의 이전 전환과 일치합니다. 주식은 ASX 상장 규칙 7.1에 따라 회사의 기존 발행가능 범위 내에서 발행됩니다.
이 이자에 대해 발행되는 주식은 캐나다 증권법에 따라 4개월의 법정 보유에 해당되며, 호주 내 보유기간은 적용되지 않습니다.
Austral Gold (OTCQB: AGLDF) a annoncé l’approbation par le TSXV d’émettre 1 025 077 actions ordinaires entièrement libérées en tant que remboursement des intérêts accumulés sur les notes convertibles émises précédemment.
Les intérêts accumulés ont été convertis à un prix de conversion de AUD$0.118 par action, conformément à la conversion précédente du principal. Les actions seront émises dans le cadre de la capacité existante de la société conformément à la règle d’intitulé ASX 7.1.
Les actions émises pour les intérêts seront soumises à une blocage légal de quatre mois en vertu des lois canadiennes sur les valeurs mobilières; aucune période de blocage australienne ne s’applique.
Austral Gold (OTCQB: AGLDF) erhielt die Zustimmung der TSXV zur Ausgabe von 1.025.077 voll einbezahlten Stammaktien als Rückzahlung der auf zuvor ausgegebenen Wandelschuldscheinen aufgelaufenen Zinsen.
Die aufgelaufenen Zinsen wurden zu einem Umwandlungskurs von AUD$0.118 pro Aktie umgewandelt, entsprechend der vorherigen Umwandlung des Kapitals. Die Aktien werden im Rahmen der bestehenden Zusage des Unternehmens gemäß der ASX Listing Rule 7.1 ausgegeben.
Die für Zinsen ausgegebenen Aktien unterliegen gemäß kanadischem Wertpapierrecht einer viermonatigen gesetzlich vorgeschriebenen Haltefrist; keine australische Haltefrist greift.
أسترال غولد (OTCQB: AGLDF) أعلنت عن موافقة TSXV لإصدار 1,025,077 سهم عادي مدفوع بالكامل كتسديد فوائد تراكمت بموجب ملاحظات قابلة للتحويل صدرت سابقًا.
تم تحويل الفوائد المتراكمة بسعر تحويل AUD$0.118 للسهم، بما يتسق مع التحويل السابق لرأس المال. سيتم إصدار الأسهم في نطاق القدرة القائمة للشركة وفقًا لقاعدة إدراج ASX 7.1.
ستنطبق على الأسهم الصادرة من أجل الفوائد حجزا قانونيا لمدة أربعة أشهر وفقًا لقوانين الأوراق المالية الكندية؛ لا ينطبق فترة حجز أسترالية.
- 1,025,077 shares issued to settle accrued interest
- Conversion price fixed at AUD$0.118 per share
- Potential shareholder dilution from 1,025,077 new shares
- Issued shares subject to a four-month Canadian statutory hold
Sydney, Australia--(Newsfile Corp. - November 24, 2025) - Austral Gold Limited (ASX: AGD) (TSXV: AGLD) (OTCQB: AGLDF) ("Austral" or the "Company"), an established gold producer, is pleased to announce that the TSX Venture Exchange (the "TSXV") has approved the issuance of 1,025,077 fully paid ordinary shares of the Company (the "Shares") to one investor pursuant to the repayment of accrued interest under previously issued convertible notes.
This issuance follows the Company's news release dated 13 November 2025, which announced the conversion of the principal amount of the notes into ordinary shares. The accrued interest has been converted into Shares at the same conversion price of AUD
The Shares issued in respect of interest will be subject to a four-month statutory hold period under Canadian securities laws. No hold period applies under Australian securities laws.
About Austral Gold
Austral Gold is a gold and silver mining producer building a portfolio of quality assets in the Americas based on three strategic pillars: production, exploration, and equity investments. Austral continues to lay the foundation for its growth strategy by advancing its attractive portfolio of producing and exploration assets.
For more information, please visit the Company's website at www.australgold.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Release approved by the Company's Chief Executive Officer of Austral Gold, Stabro Kasaneva.
For additional information please contact:
| David Hwang Joint Company Secretary Austral Gold Limited david@confidantpartners.com +61 433 292 290 | Jose Bordogna Chief Financial Officer and Joint Company Secretary Austral Gold Limited jose.bordogna@australgold.com +61 466 892 307 |
Forward-Looking Statements
Statements in this news release that are not historical facts are forward-looking statements. Forward-looking statements are statements that are not historical, and consist primarily of projections and statements regarding future plans, expectations and developments. Words such as "expects", "intends", "plans", "may", "could", "potential", "should", "anticipates", "likely", "believes" and words of similar expressions are intended to identify forward-looking statements. The forward-looking statement in this news release include, but are not limited to the issuance of the Company's shares, and the Company's growth strategy, including plans to advance its portfolio of producing and exploration assets.
All of these forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied, including, without limitation, uncertainty of exploration programs, development plans and cost estimates, commodity price fluctuations; political or economic instability and regulatory changes; currency fluctuations, the state of the capital markets, uncertainty in the measurement of mineral resources and reserves; and other risks and hazards related to the exploitation and development of mineral properties, as well as the availability of capital. You are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used. Austral cannot assure you that actual events, performance or results will be consistent with these forward-looking statements, and management's assumptions may prove to be incorrect. Austral's forward-looking statements reflect current expectations regarding future events and operating performance and speak only as of the date hereof and Austral does not assume any obligation to update forward-looking statements if circumstances or management's beliefs, expectations or opinions should change other than as required by applicable law. For the reasons set forth above, you should not place undue reliance on forward-looking statements.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/275679
FAQ
How many shares will Austral Gold (AGLDF) issue for accrued interest on November 24, 2025?
At what conversion price were the Austral Gold interest shares (AGLDF) issued?
Will the Austral Gold shares issued for interest (AGLDF) be restricted from trading?
Under what authority are the Austral Gold (AGLDF) interest shares being issued?
Does the Australian market impose a hold period on the Austral Gold interest shares (AGLDF)?
Is the conversion of accrued interest for Austral Gold (AGLDF) separate from the conversion of principal?
