Trelawney Mining and Exploration Inc. announces today that it will be acquiring all of the common shares of Augen Gold Corp. that it does not already own pursuant to the compulsory acquisition provisions of the Business Corporations Act. As a result of Trelawney's successful takeover bid for Augen Gold that expired on September 23, 2011, Trelawney [...]
Trelawney Mining and Exploration Inc. announces that an additional 17,778,371 common shares of Augen Gold have been validly deposited to its offer to acquire all of the issued and outstanding shares of Augen Gold. These additional common shares bring the total number of common shares of Augen Gold deposited to the Offer to date to 154,692,361 or [...]
Augen Gold today announced the appointment of Greg Gibson, Chris Irwin and Steve McIntyre to its board of directors. In addition, Greg Gibson and Lisa McCormack have been appointed Chief Executive Officer and Corporate Secretary, respectively. The new directors and management have been appointed in connection with the acquisition by Trelawney [...]
Trelawney Mining and Exploration Inc. announces that approximately 139,579,223 common shares of Augen Gold have been validly deposited to its offer to acquire all of the issued and outstanding shares of Augen Gold. The deposited shares represent approximately 89% of the issued and outstanding common shares of Augen Gold as of September 9, 2011.
Augen Gold is pleased to provide an update on its drilling campaign within the North Shore Area, several kilometres northeast of the historical Jerome Gold Mine. This area is centrally located within Augen Gold's 45-kilometre-long South Swayze Property, which is approximately halfway between the mining centers of Sudbury and Timmins. In the past [...]
Augen Gold Corp. is pleased to announce that it has filed a National Instrument 43-101 compliant technical report entitled "Technical Report on a Resource Estimate of the Jerome Mine Property", dated effective July 18, 2011 in connection with the NI 43-101 compliant Mineral Resource Estimate for the Company's Jerome Mine previously announced on [...]
Trelawney and Augen Gold announce that the two companies have entered into a support agreement pursuant to which Trelawney will amend its existing offer to acquire all of the issued and outstanding common shares of Augen Gold to increase its existing offer to 0.0862 of a Trelawney share in exchange for each Augen Gold share. Based on the closing [...]
The Board of Directors of Augen Gold announces with regret the resignation of J. David Mason, founder, president, and CEO of Augen Gold, as director and officer of the Company, effective immediately. Mr. Carmelo Marrelli, Augen Gold's CFO, will act as interim Chief Operating Officer of the Company. The Board wishes to recognize the contribution of [...]
The Board of Directors of Augen Gold announces that it has become aware that information relevant to shareholders is circulating in the market in relation to a proposed improvement in the offer made by Trelawney Mining and Exploration Inc. to acquire all of the outstanding common shares of Augen Gold.
The Board of Directors of Augen Gold announces that the calculation of locked-up shares included in the press release of Trelawney, issued on August 9, 2011, is incorrect. In its press release, Trelawney erroneously indicated that shareholders representing 53.7% of Augen Gold's issued and outstanding shares have entered into lock-up agreements to [...]
Augen Gold today announced that its Board of Directors unanimously recommends that shareholders reject the unsolicited offer by Trelawney Mining and Exploration Inc. ("Trelawney") to acquire the common shares of Augen Gold. The Board determined that the Trelawney offer fails to provide full value for Augen Gold shares and is an attempt by [...]
Augen Gold Corp. is concerned that the unsolicited offer made by Trelawney Mining and Exploration Inc. to acquire all of the outstanding shares of Augen Gold in exchange for shares of Trelawney has been made in violation of the Augen Gold shareholder rights plan, fails to comply with applicable disclosure rules and confers potential collateral [...]