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CONCERNED SHAREHOLDERS OUTLINE PLAN TO CREATE VALUE FOR LONG SUFFERING SHAREHOLDERS OF AUGEN GOLD
CONCERNED SHAREHOLDERS OUTLINE PLAN TO CREATE VALUE FOR LONG SUFFERING SHAREHOLDERS OF AUGEN GOLD
About this update from Gensource Potash Corp.
[{"type":"text","content":"\n\n\n\n Sep. 17, 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\nExperienced directors to execute value creation plan for all shareholders\n\nTORONTO, Sept. 17 /CNW/ - September 17, 2010: Augen Capital Corp. ("Augen Capital") (TSX-V: AUG) and Envoy Capital Group Inc. ("Envoy Capital") (NASDAQ: ECGI / TSX: ECG), (the "Concerned Shareholders"), announce their plan to create value for all shareholders of Augen Gold Corp. ("Augen Gold") (TSX-V: GLD) once their director nominees are elected at the Annual and Special Meeting of shareholders to be held on September 30, 2010.\nThe Concerned Shareholders' director nominees have the expertise to move Augen Gold to the next level. Key aspects of their value creation plan include:\n\n\n >\n\n\n"We have all read the numerous releases from Augen Gold management with respect to value creation but haven't seen any," said Peter F. Chodos, President and Chief Executive Officer of Augen Capital Corp., speaking on behalf of the Concerned Shareholders. "The incumbent directors and management have created no value as a result of their own actions in Augen Gold. In addition to the aspects of our value creation plan that we have articulated here, the Concerned Shareholders commit to updating fellow shareholders on our progress within 60 days after our director nominees begin to represent the interests of all shareholders and regularly thereafter."\nChodos continued "The choice is clear fo...