Austin Gold Corp. (AUST) company profile

Austin Gold Corp. is a mineral exploration company that focuses on the acquisition, exploration, and evaluation of gold and other mineral properties. It conducts geological exploration and drilling programs to evaluate potential precious metal deposits. As an exploration-stage enterprise with no operational mines, refining activities, or mineral production, the company currently has no commercial customers and does not sell any products.

The company conducts its operations in the United States, where its interests include mineral properties in Nevada and Oregon. Its key holdings are the Kelly Creek Project in Nevada and the Stockade Mountain Project in Malheur County, Oregon, together with the Lone Mountain Project in Nevada. These properties primarily comprise unpatented lode mining claims on federal lands overseen by the Bureau of Land Management, alongside leased private land. Austin Gold Corp. is headquartered in Vancouver, British Columbia, Canada.

Summary of the business section of Austin Gold's latest annual report, written by StockData.

“Per Share Total Initial public offering price $ 4.00 $ 13,060,000 Underwriting discounts and commissions (1) $ 0.28 $ 914,200 Proceeds, before expenses, to us $ 3.72 $ 12,145,800 (1) The underwriters will receive compensation for sales of the securities offered hereby at a fixed commission rate consisting of: (i) a”

Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.

“As at the date of this Annual Report, the Company currently has three employees and engages one consultant to provide senior management leadership and technical and geological services to the Company.”