Au Gold Corp. (TSXV:SCH.P) announced a best efforts private placement of flow-through units at CAD 0.10 per unit and flow-through common shares at CAD 0.10 per flow-through share for gross proceeds of CAD 2,000,000 on September 1, 2020. Each unit consists of one common share and one-half of one common share purchase warrant. Each unit will be sold at CAD 0.10 per unit and each warrant is exercisable for a share at a price of CAD 0.15 per Share for a period of two years from the date of issuance.