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Austral Gold Limited: Austral Gold Closes Acquisition of Ensign Gold Company or Austral ) is pleased to announce that its wholly-owned subsidiary, Argentex Mining Corp., has completed its purchase of 5,950,000 units (each a Unit ) in the capital of Ensign Gold Inc. ( Ensign ), a privately-held Canadian company with exploration assets in the state of Utah, U.S.A., for an aggregate purchase price of C$1,487,500 (approximately US$1,171,260), or C$0.25 per Unit. Each Unit consists of one Class A share (each, a Share ) in the capital of Ensign and one-half of one transferable share purchase warrant (each whole warrant, a Warrant ). Each Warrant will entitle the holder to purchase one additional Share at an exercise price of $1.50 for a period of 36 months, subject to an acceleration provision. After adjusting for this subscription, Argentex owns approximately 19.96% of the issued and outstanding Ensign Shares on an undiluted basis and approximately 27.22% on a partiall

Bingham canyonUnited statesWest mercurUnited kingdomBritish columbiaJose bordognaStabro kasanevaBen jarvisCompany or australEnsign gold incArgentex mining corpBritish columbia newsfile corpAustralian securities exchangeAustral gold limitedAustral goldRevelo resources corp