Business
AUGEN CAPITAL GRANTS STOCK OPTIONS
AUGEN CAPITAL GRANTS STOCK OPTIONS
About this update from Gensource Potash Corp.
[{"type":"text","content":"\n\n\n\n Dec. 9, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nShares outstanding: 36,615,615\n\n\nTORONTO, Dec. 9 /CNW/ - Augen Capital Corp. ("Augen" or "the Company") (TSX-V: AUG) today announces the granting of 3,400,000 options to purchase common\n shares of the Company to Directors and Officers of Augen, subject to\n regulatory approval.\n\n\nThe stock options are fully vested at the time of issuance and are\n exercisable at a price of $0.10 per common share over a period of five\n years from the date of issuance.\n\n\nUnder the Company's 10% "rolling" stock option plan, the Company can\n currently have outstanding options to acquire up to a maximum of\n 3,661,561 common shares.  Including the above grant, a total of\n 3,650,000 options are currently outstanding under the stock option\n plan.\n\n\nAbout Augen Capital\nAugen Capital Corp. ("Augen") (TSX-V: AUG) is a Toronto-based public\n merchant bank specializing in the financing of and investment in\n emerging resource companies.  Augen manages a merchant banking hard\n dollar portfolio of emerging resource stocks.\n\n\n\n\n\n\n\nNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture\n Exchange) accepts responsibility for the adequacy or accuracy of this\n release.\n\n\n\n\nThis news release contains forward-looking statements. These statements\n are based on certain factors and assumptions as set f...