Austin Gold (NYSE: AUST) launches US$7.5 million at-the-market program
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Austin Gold Corp. has entered into an at-the-market equity offering agreement that permits sales of common shares for aggregate gross proceeds of up to US$7.5 million. The shares may be sold from time to time through H.C. Wainwright & Co., LLC as lead manager and Roth Capital Partners, LLC as co-manager, mainly via the NYSE American at prevailing market prices.
The company plans to use any net proceeds to fund exploration of its gold projects in Nevada and Oregon, as well as for working capital and general corporate purposes. The offering is made under an effective U.S. shelf registration statement on Form F-3 through a prospectus supplement filed with the SEC.
Positive
- None.
Negative
- None.
FAQ
What did Austin Gold Corp. (AUST) announce in its latest 6-K?
Austin Gold entered an at-the-market equity offering agreement allowing sales of common shares up to US$7.5 million. Shares may be sold occasionally through U.S. trading markets, giving the company flexibility to raise capital under its existing Form F-3 shelf registration.
How much can Austin Gold (AUST) raise under the new at-the-market program?
The agreement allows Austin Gold to sell common shares for aggregate gross proceeds of up to US$7.5 million. Shares will be sold at market prices at the time of each sale, so total proceeds will depend on the volume and pricing of actual share sales.
Who is managing Austin Gold’s US$7.5 million at-the-market offering?
H.C. Wainwright & Co., LLC is the lead manager, with Roth Capital Partners, LLC as co-manager. They may sell Austin Gold’s common shares on the NYSE American or other U.S. trading markets as defined in the agreement and prospectus supplement.
How will Austin Gold Corp. use proceeds from the at-the-market offering?
Austin Gold expects to use net proceeds to fund exploration of its Kelly Creek, Lone Mountain, and Stockade Mountain projects, along with working capital and general corporate purposes. Specific spending will align with its broader gold exploration strategy in Nevada and Oregon.
Under what SEC registration is Austin Gold’s at-the-market offering being conducted?
The offering is made via a prospectus supplement dated February 10, 2026 to Austin Gold’s existing U.S. shelf registration statement on Form F-3, file number 333-272626. The registration statement, base prospectus, and supplement are available on the SEC’s website.
Where can investors find official documents for Austin Gold’s at-the-market program?
Investors can access the prospectus supplement, base prospectus, and the related Form F-3 registration statement on the SEC’s website at www.sec.gov. These documents describe offering terms, risks, and other details governing potential sales under the at-the-market agreement.
