Underwriting AgreementUnderwriting Agreement • January 13th, 2023 • Augusta Gold Corp. • Metal mining • Ontario
Eight Capital, as lead underwriter and sole bookrunner (the “Lead Underwriter”), and National Bank Financial and TD Securities Inc. (together with the Lead Underwriter, the “Underwriters” and each individually, an “Underwriter”), based upon and subject to the terms and conditions set out below, hereby severally, and not jointly, nor jointly and severally, in their respective percentages set out in Schedule I, offer to purchase from Augusta Gold Corp. (the “Corporation”), and the Corporation hereby agrees to issue and sell to the Underwriters, 5,847,954 units of the Corporation (“Units”) on a “bought deal” underwritten basis, at a price of $1.71 per Unit (the “Offering Price”) for aggregate gross proceeds to the Corporation of $10,000,001.34. Each Unit shall be comprised of one share of common stock in the capital of the Corporation, par value US$0.0001, (“Common Stock” or “Shares”) and one-half of one common stock purchase warrant (each whole common stock purchase warrant, a “Warrant”)
