Shares outstanding: 77,837,039
Augen Capital Corp. ("Augen Capital" or "the Company") (TSX-V:AUG) announces today that it has entered into a lock-up agreement withTrelawney Mining and Exploration Inc. ("Trelawney") in respect ofTrelawney's intention, as announced in its pressrelease issued earlier today, to make a share exchange take-over bid toacquire all of the outstanding common shares of Augen Gold Corp.
About Augen CapitalAugen Capital Corp. is a Toronto-based public merchant bank specializingin the financing of and investment in emerging resource companies.Augen Capital manages a merchant banking hard dollar portfolio ofemerging resource stocks.
For more information on Augen Capital, visit our website at www.augencc.comThe Company's public documents may be accessed at www.sedar.com
Neither TSX Venture Exchange nor its Regulation Services Provider (asthat term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy oraccuracy of this release.
To view this news release in HTML formatting, please use thefollowing URL:https://www.newswire.ca/en/releases/archive/July2011/11/c4710.html
SOURCE: Augen Capital Corp.