Austral Gold Limited (AGLDF)

[SoSkillfull]

**AGLDF** So I bought some more today. it had news about branching out into the No. American Continent. Someone asked a few months ago for a target price. This news seems to indicate the $1.50-$2 range. There is more to this news bulletin but this is a portion: (By the way, when I entered my order the Bid/Ask was .20/.30 I offered .30 and was filled at .21 so when buying it as AGLDF in the US, the ask may not be accurate because previous buys have done likewise.
Austral Gold Agrees to Expand Footprint in the U.S.
8:01 AM ET 12/15/20 | Dow Jones
Sydney, Australia--(Newsfile Corp. - December 15, 2020) - Austral Gold Limited (ASX: AGD) (TSXV: AGLD) (the "Company" or "Austral") is pleased to announce that one of its Canadian subsidiaries, Argentex Mining Corporation ("Argentex"), has entered into a Subscription and Investment Agreement with Ensign Gold Inc. ("Ensign"), a Canadian corporation, pursuant to which Argentex has agreed to purchase 5,950,000 units (each a "Unit") of Ensign for C$0.25 per Unit, for an aggregate purchase price of C$1,487,500 (US$1,162,109 at an assumed exchange rate of 1.28). Each Unit will consist of one Class A share (each, a "Share") in the capital of Ensign and one-half of one transferable share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder to purchase one additional Share at an exercise price of $1.50 for a period of 36 months, subject to an acceleration provision that will accelerate expiration of the Warrants if the closing sale price for a Share on a public market exceeds C$2.00 for 30 consecutive trading days. After adjusting for this subscription, Argentex would own approximately 19.96% of the issued and outstanding Ensign Shares on an undiluted basis and approximately 27.22% on a partially diluted basis (approximately 22.90% on a fully diluted basis).