Business
Augen Expands Board of Directors & Announces Option Grant
Augen Expands Board of Directors & Announces Option Grant.
About this update from Gensource Potash Corp.
[{"type":"text","content":"\n\n\n\n\nShares outstanding 32,400,614\n\nTORONTO, Nov. 20 /CNW/ - Augen Capital Corp. (\"Augen\" or the \"Company\")\n(TSX-V: AUG) is pleased to announce the addition of George D. Elliott, B.A.\n(Hons), L.L.B. to its Board of Directors.\nA seasoned business leader with 30 years of experience in corporate\nfinancing, Mr. Elliott's focus on new business development and relationship\nmanagement lend a unique perspective to his Board activities.\nFormerly senior counsel at the law firm Gowling Lafleur Henderson, and\nsenior partner at McCarthy Tetreault, based in Toronto, Mr. Elliott was\nExecutive Vice President of MCAP Financial, which manages over C$10 billion in\nmortgage investments for Canadian financial institutions, and is now Chair of\nthe executive committee of the PLM Group, Canada's fourth largest commercial\nprinter, Chair and Founder of Titanium Corporation, and a director of\nIntegrated Asset Management, a C$3 billion fund management company.\nMr. Elliott's legal and financial background will be most helpful for\nassisting in the growth in the merchant banking and structured product\ndivisions.\nThe Company also wishes to announce that it has granted 100,000 stock\noptions to Mr. Elliott. The options are exercisable at a price of $0.30 per\nshare over a period of three years into common shares of the Company and are\nfully vested at the time of issuance. The options are subject to a four-month\nexchange hold period and regulatory approval.\n\nAbout Augen Capital\n\nBased in Toronto, Augen Capital is a merchant bank specializing in the\nfinancing of, and investment in, early stage resource companies and is an\nindustry leader in tax-advantaged flow-through investments in Canada's\nresource sectors. Augen has raised over $35 million in flow-through limited\npartnership assets in the last four years. The Company now has under\nmanagement a core portfolio of primarily emerging resource stocks, two\nResource Flow-Through Limited Partnerships, and its mutual fund, Augen\nResource Strategy Fund.\n\nFor more information on Augen Capital, visit our website at\nwww.augencc.com\nThe company's public documents may be accessed at www.sedar.com\n\nThe TSX Venture has not reviewed and does not accept responsibility for\nthe adequacy or accuracy of this release.\n\nThis news release contains certain \"Forward-Looking Statements\" w...