Form 4: Augusta Gold Corp: Augusta Investments Inc. Reports Transaction in Common Shares
SEC Form 4
Augusta Investments Inc., a 10% owner and related to a director of Augusta Gold Corp., reports acquiring 500 common shares at $0.54 per share.
Summary
- Augusta Investments Inc., a reporting person related to Augusta Gold Corp., filed a Form 4 indicating a change in beneficial ownership.
- On September 13, 2024, Augusta Investments Inc. acquired 500 common shares of Augusta Gold Corp. at a price of $0.54 per share.
- Following the transaction, Augusta Investments Inc. directly owns 25,415,888 common shares.
- Richard W. Warke, as the sole officer and director of Augusta Investments Inc., has indirect beneficial ownership of these shares.
- Richard W. Warke is also a director and Executive Chairman of Augusta Gold Corp.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by insiders, providing transparency to the market.
Stakeholder Impact
- The transaction provides shareholders with information about insider activity, which can influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 09/13/2024 | Date of transaction: Augusta Investments Inc. acquired 500 common shares at $0.54 per share. |
| 09/16/2024 | Date of signature for the Form 4 filing. |
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