Augusta Investments Inc. - Oct 23, 2025 Form 4 Insider Report for AUGUSTA GOLD CORP. (AUGG)

Role
10%+ Owner
Signature
/s/ Richard Warke, President of Augusta Investments Inc.
Stock symbol
AUGG
Transactions as of
Oct 23, 2025
Transactions value $
$0
Form type
4
Date filed
10/23/2025, 10:52 AM
Previous filing
Mar 13, 2025

Reporting Owners (2)

Name Relationship Address Signature Signature date CIK
Augusta Investments Inc. 10%+ Owner SUITE 555, 999 CANADA PLACE, VANCOUVER, BRITISH COLUMBIA, CANADA /s/ Richard Warke, President of Augusta Investments Inc. 2025-10-23 0001829144
Warke Richard W Executive Chairman, Director, 10%+ Owner SUITE 555, 999 CANADA PLACE, VANCOUVER, BRITISH COLUMBIA, CANADA /s/ Richard Warke 2025-10-23 0001390411

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AUGG Common Shares Disposed to Issuer -25.5M -100% 0 Oct 23, 2025 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AUGG Director Stock Option (Right to Buy) Disposed to Issuer -650K -100% 0 Oct 23, 2025 Common Shares 650K $0.80 Direct F3, F4, F5, F6
transaction AUGG Director Stock Option (Right to Buy) Disposed to Issuer -800K -100% 0 Oct 23, 2025 Common Shares 800K $1.55 Direct F5, F6, F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Augusta Investments Inc. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Disposed of pursuant to the Agreement and Plan of Merger, dated as of July 15, 2025 (as amended from time to time, the "Merger Agreement") by and among the Issuer, AngloGold Ashanti (U.S.A.) Holdings Inc. ("Parent"), Exploration Inc., ("Merger Sub"), and joined by AngloGold Ashanti Holdings plc for the limited purposes specified in the Merger Agreement, which was consummated on October 23, 2025, and pursuant to which Parent acquired all of the outstanding common shares of the Issuer (other than those owned by Parent and its affiliates) in exchange for cash consideration of C$1.70 per share (the "Merger").
F2 Held by Augusta Investments Inc. Richard Warke is the sole officer and director of Augusta Investments Inc. and has indirect beneficial ownership of these shares.
F3 As previously reported, exercise price reported above was converted from the Canadian exercise price of C$1.11 using an exchange rate of C$1.3821=US$1.00.
F4 Options were granted on April 16, 2024, and vest as follows: One-third on April 16, 2025; one-third on April 16, 2026; and one-third on April 16, 2027.
F5 In connection with the Merger, all outstanding options to purchase common shares of the issuer as of immediately prior to the effective time of the Merger, were deemed unconditionally vested and exercisable, and subsequently cancelled in exchange for cash payment equal to the difference between the per share consideration of C$1.70 and the per share exercise price of such option multiplied by the number of common shares issuable pursuant to such option, less applicable withholdings.
F6 Directly held by Richard Warke.
F7 As previously reported, exercise price reported above was converted from the Canadian exercise price of C$2.00 using an exchange rate of C$1.2934=US$1.00.
F8 As previously reported, the options were originally granted on February 22, 2021 and vest as follows: One-third on February 22, 2022; one-third on February 22, 2023; and one-third on February 22, 2024.