Au Gold Corp Increases Private Placement to $3.5 Million Amid Strong Investor Demand

October 2, 2026 — Leads & Copy — Au Gold Corp (TSXV:AUGC) has increased its non-brokered private placement to $3,500,025 due to strong investor demand. The placement will now consist of 15,217,500 units, each priced at $0.23. Each unit includes one share and one half warrant, which is valid for three years. A whole warrant can be converted into one share of AUGC for $0.40. The securities are subject to a four-month-and-one-day hold period, and the financing requires approval from the TSX Venture Exchange.

Marc Blythe, Founder and CEO of Au Gold Corp, stated that the significant demand from both existing and new investors reflects their confidence in the company's strategy and plans. The additional funds will enhance financial flexibility as the company prepares to begin drilling at its Havelock gold-antimony project. Blythe noted that despite the increase, not all investor interest could be accommodated, emphasizing the company's need to balance dilution with its exploration budget.

The proceeds from this private placement will be allocated towards exploration activities on the company's mineral exploration properties, as well as for general corporate purposes. Au Gold Corp is continuing its aggressive exploration efforts at the Havelock Gold-Antimony Project, located in Victoria, Australia. Further details regarding the company's plans can be found in its news releases dated September 21, 2026, and September 16, 2026.

Technical information within this press release was prepared under the guidance of Mr. William Wengzynowski, P.Eng., who serves as AUGC’s Exploration Manager and is recognized as a Qualified Person according to NI 43-101 standards.

Source: Au Gold Corp