Austin Gold, a Canadian gold exploration company with four properties in Nevada, filed on Thursday with the SEC to raise up to $16 million in an initial public offering.
Austin Gold is a gold exploration company focused on gold targets and making district-scale gold discoveries in Nevada. The company currently has interests in four gold exploration properties located in the state of Nevada, including the Kelly Creek Project, the Fourmile Basin Project, the Lone Mountain Project, and the Miller Project. Its principal objective is advancing the Kelly Creek Project, and is the only property that the company considers material at this time. Austin Gold has not generated any operating revenues to date.
The Vancouver, Canada-based company was founded in 2020 and plans to list on the NYSE American but has not selected a symbol yet (RC ticker: AGLD.RC). Austin Gold filed confidentially on June 11, 2021. Roth Capital is the sole bookrunner on the deal. No pricing terms were disclosed.
