Austin Resources Ltd. (TSXV:AUT) announced that it has completed a private placement of 12,500,000 common shares at CAD 0.06 per common share for gross proceeds of CAD 750,000 on August 8, 2019. All securities issued are subject to a resale restriction for a period of four months plus one day from August 7, 2019. The company has received acceptance from TSX Venture Exchange with respect to the filing made with respect to the transaction. The transaction included participation from 9 placees.