Sydney, Australia--(Newsfile Corp. - June 24, 2024) - Established gold producer Austral Gold Limited (ASX: AGD) (TSXV: AGLD) (OTCQB: AGLDF) ("Austral" or the "Company") advises that further to its announcement of June 20, 2024, its subsidiary Austral Gold Canada Limited ("AGCL") completed the sale of shares of Unico Silver Limited ("Unico"), to two of the Company's directors, Eduardo Elsztain and Saul Zang, pursuant to a share purchase agreement dated June 18, 2024 (the "Agreement").

Under the agreement, AGCL sold 5,458,833 previously issued common shares of Unico ("Unico Shares") to Mr. Elsztain and 963,323(1) Unico Shares to Mr. Zang at a price per Unico Share of A$0.16 per share. see & read more on
https://www.newsfilecorp.com/release/214259/