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Austral Gold Clarifies Notification of Dividend

Corporate Actions Regulatory & Compliance

Austral Gold Clarifies Notification of Dividend

Sydney, Australia--(Newsfile Corp. - April 21, 2021) -

Austral Gold Limited (ASX: AGD) (TSXV: AGLD)

("

Austral"

or the

"Company

") advises that it had filed an updated Notification of Dividend on 23

February, 2021.

Part 3B.6 Special dividend/distribution unfranked amount per security excluding conduit foreign income

amount has been corrected to AUD 0.00 (previously 0.008) and part 3B.7 Special dividend/distribution

conduit foreign income amount per security has been corrected to AUD 0.008 (previously 0.000).

About Austral Gold

Austral Gold Limited is a growing gold and silver mining, development and exploration company building

a portfolio of quality assets in Chile, the USA and Argentina. Austral owns a 100% interest in the

Guanaco/Amancaya mine in Chile and the Casposo Mine (currently on care and maintenance) in

Argentina, and a non-controlling interest in the Rawhide Mine in Nevada, USA. In addition, Austral owns

an attractive portfolio of exploration projects in the Paleocene Belt in Chile (including those acquired in

the recent acquisition of Revelo Resources Corp), a 19.2% interest in Pampa Metals and a 100%

interest in the Pingüino project in Santa Cruz, Argentina. Austral Gold Limited is listed on the TSX

Venture Exchange (TSXV: AGLD) and the Australian Securities Exchange. (ASX: AGD). For more

information, please consult Austral's website at

www.australgold.com

.

Release approved by the Chief Executive Officer of Austral Gold, Stabro Kasaneva.

For additional information please contact:

Jose Bordogna

Chief Financial Officer

Austral Gold Limited

[email protected]

+54 (11) 4323 7558

David Hwang

Company Secretary

Austral Gold Limited

[email protected]

+61 (2) 9698 5414448

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/81185