[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  August Law Ghana [@AugustLawGh](/creator/twitter/AugustLawGh) on x XX followers Created: 2025-07-18 08:59:41 UTC - AngloGold Ashanti plc has agreed, in a merger agreement, to acquire all issued and outstanding shares of common stock of Augusta Gold at a price of C$1.70 per share of common stock in cash. - The Price implies a fully-diluted equity value for Augusta Gold of approximately C$152 million (approximately US$111 million). - As part of the Transaction, AngloGold Ashanti will provide funds for the repayment of certain stockholder loans amounting to approximately US$32.6 million at XX March 2025. - The Transaction allows AngloGold Ashanti to further consolidate its footprint in the Beatty District by acquiring Reward, a permitted, feasibility stage project, the Bullfrog deposit, and all tenements surrounding each of these properties. - The acquired properties are adjacent to AngloGold Ashanti’s claims in the Beatty District and will provide additional Mineral Resources to AngloGold Ashanti’s inventory. - The Transaction is expected to close in the fourth quarter of 2025, subject to the satisfaction of customary closing conditions. - Additionally, the Transaction will allow Augusta Gold to become an indirect wholly-owned subsidiary of AngloGold Ashanti and Augusta Gold’s shares of common stock will no longer be listed on any public stock exchange or traded on any over-the-counter market. XX engagements  **Related Topics** [stocks](/topic/stocks) [corporate finance](/topic/corporate-finance) [ghana](/topic/ghana) [au anglogold ashanti limited](/topic/au-anglogold-ashanti-limited) [Post Link](https://x.com/AugustLawGh/status/1946132757626691759)
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August Law Ghana @AugustLawGh on x XX followers
Created: 2025-07-18 08:59:41 UTC
AngloGold Ashanti plc has agreed, in a merger agreement, to acquire all issued and outstanding shares of common stock of Augusta Gold at a price of C$1.70 per share of common stock in cash.
The Price implies a fully-diluted equity value for Augusta Gold of approximately C$152 million (approximately US$111 million).
As part of the Transaction, AngloGold Ashanti will provide funds for the repayment of certain stockholder loans amounting to approximately US$32.6 million at XX March 2025.
The Transaction allows AngloGold Ashanti to further consolidate its footprint in the Beatty District by acquiring Reward, a permitted, feasibility stage project, the Bullfrog deposit, and all tenements surrounding each of these properties.
The acquired properties are adjacent to AngloGold Ashanti’s claims in the Beatty District and will provide additional Mineral Resources to AngloGold Ashanti’s inventory.
The Transaction is expected to close in the fourth quarter of 2025, subject to the satisfaction of customary closing conditions.
Additionally, the Transaction will allow Augusta Gold to become an indirect wholly-owned subsidiary of AngloGold Ashanti and Augusta Gold’s shares of common stock will no longer be listed on any public stock exchange or traded on any over-the-counter market.
XX engagements
Related Topics stocks corporate finance ghana au anglogold ashanti limited