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Augusta Gold Corp. AUGG
(Total Views: 190)
Posted On: 10/12/2020 3:44:57 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – Bullfrog Gold Corp. (CSE: BFG) (OTCQB: BFGC) (FSE: 11B) Enters Definitive Agreements with New Cornerstone Shareholders

Bullfrog Gold Corp. (CSE: BFG) (OTCQB: BFGC) (FSE: 11B) today announced its entry into definitive agreements (“Definitive Agreements”) with certain Barrick Gold Corporation subsidiaries and Augusta Investments Inc. in connection with the previously announced transaction pursuant to which Bullfrog will acquire rights to 1500 acres adjoining the company’s Bullfrog Gold Deposit from Barrick, and Augusta and certain individuals identified by Augusta will concurrently complete a C$22 million investment in Bullfrog (the “Transaction”). “We are delighted to announce the signing of the Definitive Agreements and are encouraged by the positive market reaction to the announcement of the binding term sheet in respect of the Transaction,” Bullfrog’s CEO and President, David Beling, said in the news release. “Bullfrog will be well-funded to expedite the exploration and development of the Bullfrog project, and we are excited to welcome our new cornerstone shareholders, Barrick and Augusta.”

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