AUGUSTA GOLD CLOSES C$11.5 MILLION BOUGHT DEAL OFFERING

VANCOUVER, BC, Jan. 20, 2023 /PRNewswire/ – Augusta Gold Corp. (TSX:G) (OTCQB: AUGG) (FSE:11B) (“Augusta Gold” or the “Company“) is pleased to announce that it has closed its previously announced bought deal offering (the “Offering“) of units of Augusta Gold (the “Units“) for aggregate gross proceeds of approximately C$11.5 million, including the full exercise of the over-allotment option in the amount of C$1.5 million.

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