06:25 AM EDT, 07/16/2025 (MT Newswires) -- AngloGold Ashanti ( AU ) has agreed to acquire Augusta Gold for an enterprise value of about 197 million Canadian dollars ($143.5 million).

Under the terms of the deal, AngloGold will acquire all issued and outstanding shares of Augusta Gold for CA$1.70 per share.

The deal includes a fully diluted equity value of about CA$152 million and repayment of stockholder loans totaling around CA$45 million as of March 31.

The transaction is expected to close in Q4.