Trelawney Mining and Exploration Inc TWNNF

RE: RE: RE: RE: RE: RE: Re: 2nd offer

[letsgetready]

Merc

I was talking about Augen's issue of collateral benefit, which I beleive means if their shares get taken up at say the 0.066 ratio and ultimately 0.15 is offered later, the lock ups will get the 0.15 ratio. this is how they got so many to lock up off the bat. this is what I take it to mean. any opinions? imho

Collateral Benefit

Augen Gold is concerned that Shareholders who have entered into lock-up agreements (the “Lock-up Agreements”) with Trelawney have been asked to do so pursuant to a form that conveys upon such Shareholders an illegal collateral benefit that is not being made available to other Shareholders. In particular, the Lock-up Agreements purport to extend to locked-up Shareholders the benefit of representations and warranties of Trelawney pursuant to any agreement that may be made in the future. This benefit is offered only to locked-up shareholders. Augen Gold has asked securities regulators to investigate this potential collateral benefit.