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St. Augustine Closes Private Placement
St. Augustine Gold and Copper Limited (TSX: SAU) is pleased to announce that its previously announced (June 9, 2025) non-brokered private placement financing of 341,038,196 common shares of the Company has closed at a price of $0.073 per Unit for gross proceeds of up to $24,895,379.
The Company intends to use net proceeds of the Private Placement for general corporate purposes including completion of a feasibility study and organizing financing for the Company’s King-king copper-gold project. No insiders participated.
About St. Augustine
St. Augustine is a TSX-listed mining company focused on the development of the King-king Copper-Gold Project. The Project is one of the largest undeveloped copper-gold deposits in the world and is listed as a top three-priority mining project by the Philippine government.
Posted July 25, 2025
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