Allegiant Gold plans to change name to A2 Gold

Executive Summary

• Allegiant Gold Ltd. is changing its name to A2 Gold Corp., pending TSX‑V approval, and will retain the ticker symbols AUAU (TSX‑V) and AUXXF (OTCQX).
• The company recently closed a $10.5 million financing round led by Kinross Gold Corp., which will fund an 18,000–20,000 m drill program and related exploration work on its Eastside project in Nevada.
• A marketing and consulting agreement with Peak Investor Marketing Corp. was executed, providing $12,000 per month of services for 12 months plus issuance of 400,000 stock options at $0.83 per share.

Key Details

• Name Change: Allegiant Gold Ltd. → A2 Gold Corp.; effective upon TSX‑V approval; existing ticker symbols unchanged; no shareholder action required.
• Financing Highlight: Recent closing of a $10.5 million equity financing, including a lead investment from Kinross Gold Corp., to support an 18,000–20,000 m diamond core and RC drill program, geophysical surveys, and structural mapping on the Eastside project.
• Resource Summary (per NI 43‑101): Inferred resources of ~1.4 million oz Au and 8.8 million oz Ag across the Eastside and Castle zones (pit‑constrained).
• Exploration Plan: Multi‑phase drill campaign targeting resource expansion, high‑grade extensions, and new discovery zones along the Walker Lane trend.
• Marketing Services Agreement:
• Service provider: Peak Investor Marketing Corp. (full‑service marketing & consulting for growth‑stage mining companies).
• Compensation: $12,000 per month for a 12‑month term.
• Equity component: Issuance of 400,000 stock options to Peak, exercisable at $0.83 per share, with a 24‑month exercise window and vesting over 12 months (subject to TSX‑V approval).
• Shareholder Impact: Existing common shares and warrant certificates bearing the old name remain valid; no action required from shareholders.

Notable Quotes

“We are driving forward a new era of growth for the company. Our new name, A2 Gold, reflects this exciting chapter unfolding.” – Peter Gianulis, CEO

Materiality Assessment: Non‑Material – Positive (the announcement is primarily informational and does not contain new earnings or material financial results).