Purni Parikh - Oct 23, 2025 Form 4 Insider Report for AUGUSTA GOLD CORP. (AUGG)

Role
SVP Corp Affairs and Corp Sec
Signature
/s/ Purni Parikh
Stock symbol
AUGG
Transactions as of
Oct 23, 2025
Transactions value $
$0
Form type
4
Date filed
10/23/2025, 11:19 AM
Previous filing
Apr 18, 2024
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
PARIKH PURNI SVP Corp Affairs and Corp Sec C/O AUGUSTA GOLD CORP., SUITE 555, 999 CANADA PLACE, VANCOUVER, BRITISH COLUMBIA, CANADA /s/ Purni Parikh 2025-10-23 0001833305

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AUGG Common Shares Disposed to Issuer -217K -100% 0 Oct 23, 2025 Direct F1
transaction AUGG Common Shares Disposed to Issuer -19.8K -100% 0 Oct 23, 2025 Held by spouse F1

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 Employee Stock Option (Right to Buy) Disposed to Issuer -375K -100% 0 Oct 23, 2025 Common Shares 375K $0.80 Direct F1, F2, F3, F4
transaction AUGG Employee Stock Option (Right to Buy) Disposed to Issuer -400K -100% 0 Oct 23, 2025 Common Shares 400K $1.55 Direct F1, F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Purni Parikh 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 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.
F3 As previously reported, the 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.
F4 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.
F5 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.
F6 As previously reported, the options were 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.