Mark Saxon, President, Chief Executive Officer of Aguila American Gold Limited (TSXV:AGL) acquired 12.28% stake in Aguila American Gold Limited (TSXV:AGL) from Nick DeMare, Chief Financial Officer Corporate Secretary and a director of Aguila American Gold Limited for CAD 0.1 million on August 5, 2020. The offer per share is CAD 0.5. Prior to the disposition of the shares, Nick DeMare beneficially owned or had control or direction over a total of 2.8 million common shares and 1.1 million warrants of Aguila. Mark Saxon, did not own any shares in Aguila. Following the disposition, Nick DeMare beneficially owns or has control or direction over a total of 1.8 million common shares and 1.1 million warrants of Aguila. Nick DeMe's beneficial ownership of, or control or direction over, the common shares of Aguila decreased from 34.44% to 22.16% on an undiluted basis. Mark Saxon, President, Chief Executive Officer of Aguila American Gold Limited (TSXV:AGL) completed the acquisition of 12.28% stake in Aguila American Gold Limited (TSXV:AGL) from Nick DeMare, Chief Financial Officer Corporate Secretary and a director of Aguila American Gold Limited on august 5, 2020.