Jul. 11, 2011 (Canada NewsWire Group) --
Shares outstanding: 77,837,039
TORONTO, July 11, 2011 /CNW/ - Augen Capital Corp. ("Augen Capital" or "the Company") (TSX-V: AUG) announces today that it has entered into a lock-up agreement with Trelawney Mining and Exploration Inc. ("Trelawney") in respect of Trelawney's intention, as announced in its press release issued earlier today, to make a share exchange take-over bid to acquire all of the outstanding common shares of Augen Gold Corp.
About Augen Capital
Augen Capital Corp. is a Toronto-based public merchant bank specializing
in the financing of and investment in emerging resource companies.
Augen Capital manages a merchant banking hard dollar portfolio of
emerging resource stocks.
For more information on Augen Capital, visit our website at www.augencc.com
The Company's public documents may be accessed at www.sedar.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Manish Z. Kshatriya, Chief Financial Officer
Tel: 416-479-3302
Toll-free: 888-442-8436