Business
Augen Gold Corp. Shareholders' Meeting Postponed; Augen Gold Obtains Court Order to Extend Date for Shareholder Meeting
Augen Gold Corp. Shareholders' Meeting Postponed; Augen Gold Obtains Court Order to Extend Date f...
About this update from Gold Finder Resources Ltd.
[{"type":"text","content":"\n\n\n\n Jul. 22, 2010 (Canada NewsWire Group) -- \n \n \n\n\n\n \n\n\n\n\n\n\n\n\nTORONTO, July 22 /CNW/ - Augen Gold Corp (TSXV:GLD) ("Augen Gold" or the "Company") advises that it has obtained a court order to extend the date of its annual and special general meeting of shareholders until September 30, 2010. The meeting scheduled for tomorrow is therefore postponed to September 30, 2010. A new record date for notice of the meeting and voting will be determined by Augen Gold in the near future and the location of the meeting will be set forth in a new management information circular to be delivered to shareholders.\nPursuant to an agreement reached with interested parties, it is expected that if there is to be an alternative slate of directors, an information circular will be filed in connection with the solicitation of proxies. Pursuant to the agreement, Mr. Peter Chodos resigned from the board of Augen Gold effective today and Augen Gold and Mr. Chodos entered into a full and final release in relation to his service on the board.\n\nAbout Augen Gold:\n\nAugen Gold is a gold exploration company with 23,877 hectares of staked and patented mining claims in the Southern Swayze Greenstone Belt, including the formerly producing Jerome Gold Mine. The claims cover a 45 kilometre long section of the Ridout Deformation Zone, believed to be the western extension of the Kirkland Lake/Larder Lake Break. The geological setting is comparable to the major gold camps of Timmins and Kirkland Lake, and the claims contain numerous gold showings that have received very little historical exploration. Augen Gold is the first company to have assembled a coherent ground position. Augen Gold has performed a detailed airborne geophysical survey over the whole area, and its sampling program has confirmed the historically reported gold values.\nThe correlation of many gold showings with geophysical features indicates excellent potential for the discovery of additional deposits. The Company's objectives are to aggressively explore the gold showings that correlate with geophysical anomalies, continue resource definition at the Jerome Mine, and to expand its property portfolio with highly prospective mineral assets.\n\nNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX V...