Au Gold Corp Adds Patrick Soares to Its Board of Directors
Au Gold Corp has appointed Patrick Soares to its board and granted 1.05 million options at $0.28. The company plans drill testing at its Havelock project.
- published on Newsmetry
- original source published
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner. connect the api →
what happened
Canadian company Au Gold Corp (ticker AUGC) said Patrick Soares has agreed to join its board of directors. According to TradingView and a TheNewswire press release, Soares has long experience in exploration and mine development, including ten years as president and CEO of Foran Mining.
At the same time, the company granted 1,050,000 incentive stock options at $0.28 to directors, contractors and consultants. The options are valid for five years.
Chief Executive Marc Blythe linked the appointment to the Havelock gold-antimony project, where the company plans to start drill testing its top-priority targets after a recent oversubscribed financing.
why it matters
The news is routine for the market: a director appointment and option grant at a small company rarely move the share price. For investors, drilling results, permits and further financing steps at Havelock matter more, as they show how realistic the company's plans are. The options at $0.28 could add potential dilution to the shares.
tags
instruments
sources
- Au Gold Corp (AUGC) Appoints Patrick Soares to Board — TradingView, 22 October 2026 at 20:15 UTC
- Patrick Soares to Join the Board of Au Gold Corp — Reuters, 22 October 2026 at 20:15 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner.
get stories in real time ↗