Business
Augen Capital: Advisory Board Appointments
Augen Capital: Advisory Board Appointments.
About this update from Gensource Potash Corp.
[{"type":"text","content":"\n\n\n\nShares outstanding: 35,915,615\n\n\nTORONTO, July 5 /CNW/ - Augen Capital Corp. ("Augen") (TSX-V: AUG) is\npleased to announce the appointment of two additional members to its Advisory\nBoard, Mr. Jack Steckel, and Mr. Richard Moore.\n\n\nMr. Steckel joined Capital Canada Limited in 2000, where he provides\nfinancial advisory services for public and private companies, initiates\nacquisition opportunities and arranges equity, mezzanine and debt financing.\nMr. Steckel founded Golf Town, an Income Trust listed on the TSX (GLF.UN) that\nhas become the third largest golf retailer in the world. Recently he\nestablished Pro Hockey Life to become a national category retailer of hockey\nequipment. Mr. Steckel has assisted with private placement financing for Augen\nduring the last 18 months.\n\n\nMr. Moore is a highly regarded Executive Search practitioner, is\ncurrently CEO of Richard Moore Associates Inc. and was formerly the founder\nand Chairman of the Canadian practices of two international search firms, TMP\nWorldwide and Russell Reynolds Associates. Prior to that, he enjoyed nine\nyears of general management consulting experience with Touche Ross & Partners,\n(Deloitte and Touche), latterly as Managing Partner, Toronto and as National\nPartner, Executive Search. His earlier years were spent in sales and marketing\nmanagement roles with IBM Canada and Xerox of Canada. With Augen, Mr. Moore\nhas been instrumental in presenting a number of venture opportunities and has\nbeen valuable with strategic executive search.\n\n\nAugen's advisory board consists of four individuals involved directly in\nthe mineral exploration and mining finance business and one petroleum\nspecialist and we now have expertise in three additional disciplines. Augen's\nBoard of Directors is comprised of five individuals with mineral exploration\nand mining finance backgrounds and two with sales and finance expertise.\n\n\nMr. Steckel and Mr. Moore will both receive a compensation option grant\nof 100,000 shares of Augen Capital Corp. priced at close of today's business.\nThese shares will have a 5 year term and vest over 3 years. The issuance is\nsubject to the four month Exchange hold period and regulatory approval.\n\n\nAbout Augen Capital\n\n\nAugen Capital is a Toronto based Merchant bank which finances early stage\nresource companies....