Business
Augen Gold Concerned Dissidents Ignore Facts and Rules
Augen Gold Concerned Dissidents Ignore Facts and Rules
About this update from Gold Finder Resources Ltd.
[{"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\nTORONTO, Sept. 17 /CNW/ - Augen Gold Corp (TSXV:GLD) ("Augen Gold" or the "Company") read with concern a release made by Augen Capital Corp. and Envoy Capital Group Inc. (the "Dissident Shareholders") in connection with their attempt to seize control of Augen Gold. In particular, despite management clearly and publicly announcing progress regarding drilling and resource definition, the Dissident Shareholders continue to misrepresent the execution of planned progress towards resource definition by Augen Gold. We can only presume this a result of their displeasure that shareholders and the market are learning about progress which may impede their secret agenda to seize control of Augen Gold without paying a change of control premium to the majority of shareholders.\nIn addition, Augen Gold is shocked to learn that, despite the failure to disclose this fact in the Dissident Shareholder circular, proxy solicitation services appear to have been retained by the Dissident Shareholders. Disclosure rules clearly require a circular to identify a proxy solicitor when used and to state the cost or anticipated cost of the proxy solicitor. The Dissident Shareholders have either failed to disclose as required or have structured the retainer to avoid disclosure which should only be seen as a violation of the public interest. Given the concern of Dissident Shareholders about costs incurred by the Compa...