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AngloGold Ashanti to Acquire Augusta Gold, Boosting Its Beatty District Dominance

AngloGold Ashanti (NYSE:AU) has announced a significant strategic move by entering into a definitive agreement to acquire Augusta Gold (TSX:G,OTCQB:AUGG).This acquisition involves acquiring all issued and outstanding shares of Augusta Gold at C$1.70 per share in cash. The transaction, valued at approximately C$152 million, represents a 28 percent premium over Augusta Gold's closing price on the TSX on July 15, 2025, and a 37 percent premium over…
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Investing News Network broke the news in on Friday, July 18, 2025.
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