AngloGold Ashanti Acquires Augusta Gold (Reward & Bullfrog Properties)

October 23, 2025

AngloGold Ashanti entered into a definitive merger agreement to acquire Augusta Gold Corp. for C$1.70 per share in cash. The transaction was approved by Augusta Gold stockholders and completed on October 23, 2025, with Augusta Gold becoming a wholly-owned subsidiary of AngloGold Ashanti.

Buyers
AngloGold Ashanti plc
Targets
Augusta Gold Corp.
Sellers
Augusta Gold Corp. stockholders (majority holders via voting support agreements; otherwise not otherwise specified as sellers)
Industry
Energy
Location
British Columbia, Canada
Transaction Type
Buyout

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