Mr. Stabro Kasaneva reports
AUSTRAL GOLD NEW EXECUTIVE CHAIRMAN REMUNERATION UPDATE
In light of Wayne Hubert's appointment as executive chairman (as announced on Aug. 12, 2020), Austral Gold Ltd. has increased Mr. Hubert's cash remuneration to $144,000 (U.S.) per annum, commensurate with the increase in responsibility that comes with his new role.
About Austral Gold Ltd.
Austral Gold is a growing gold and silver mining, development and exploration company, building a portfolio of quality assets in Chile, the United States and Argentina. The company's flagship Guanaco/Amancaya project in Chile is a gold- and silver-producing mine with further exploration upside. The company also holds the Casposo mine (San Juan, Argentina), an approximately 26.46-per-cent interest in the Rawhide mine (Nevada, United States), and an attractive portfolio of exploration projects including the Pinguino project in Santa Cruz, Argentina (100-per-cent interest) and the San Guillermo and Reprado projects near Amancaya (100-per-cent interest). With an experienced local technical team and a highly regarded major shareholder, Austral has a goal of continuing to strengthen its asset base through acquisition and discovery. Austral Gold is listed on the TSX Venture Exchange (TSX-V: AGLD) and the Australian Securities Exchange (ASX: AGD).
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