Austin Gold Corp. IPO Overview AUST Inventory Going Public November 24 2021

Austin Gold, a Canadian gold exploration firm with 4 properties in Nevada, introduced phrases for its IPO on Wednesday.

The Vancouver, Canada-based firm plans to lift $15 million by providing 3 million shares at a worth vary of $4 to $6. On the midpoint of the proposed vary, Austin Gold would command a totally diluted market worth of $64 million.

Austin Gold is a gold exploration firm centered on gold targets and making district-scale gold discoveries in Nevada. The corporate at present has pursuits in 4 gold exploration properties positioned within the state of Nevada, together with the Kelly Creek Venture, the Fourmile Basin Venture, the Lone Mountain Venture, and the Miller Venture. Its principal goal is advancing the Kelly Creek Venture, and is the one property that the corporate considers materials right now. Austin Gold has not generated any working revenues to this point.

Austin Gold was based in 2020 and plans to checklist on the NYSE American underneath the image AUST. Roth Capital is the only real bookrunner on the deal.

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