|By Marketwired .||
|February 7, 2013 05:17 PM EST||
TORONTO, ONTARIO -- (Marketwire) -- 02/07/13 -- Augustine Ventures Inc. (CNSX:WAW) ("Augustine" or the "Company") is pleased to announce that it has engaged Investor Cubed Inc. ("Investor Cubed") to provide investor relations and shareholder communications services effective January 25, 2013. In connection with the engagement, Investor Cubed has been awarded a consulting contract paying $5,000 per month for a term of twelve months. In addition, Investor Cubed has been granted options to purchase 330,000 shares of Augustine at a price of ten cents ($0.10) per share. The options will vest quarterly over a period of one year and will be governed by the provisions of Augustine's stock option plan.
Neil Simon, CEO of Investor Cubed comments: "We are pleased to be working with Augustine as they develop their exciting Surluga Gold Project with a history of gold production, in McMurray Township, located near Wawa, Ontario. In addition to having previously hosted gold production, we believe the Surluga project warrants the attention of the market with its 1.07 million ounce inferred resource at 1.49 grams per tonne and we look forward to working with Augustine management in communicating this exciting message."
Bob Dodds, Augustine CEO comments: "Augustine management team is committed to raising market awareness for the Company. The appointment of Investor Cubed brings an experienced investor relations group with broad industry contacts to our team and their support in communicating the Company's message to the public markets will be important."
Investor Cubed and its principals act at arm's length to Augustine and currently have no direct or indirect interest in securities of Augustine, or any right or intent to acquire such an interest except as disclosed herein.
Investor Cubed's appointment as an investor relations consultant of Augustine and the granting of the Stock Options are subject to any applicable regulatory approvals.
About Investor Cubed Inc.
Investor Cubed provides specialized consulting services to a select group of leading emerging and mid-capitalization companies, with an objective of taking our clients to the next level. Investor Cubed assists these companies in gaining exposure to an established national network of financial industry professionals. This broad network includes investment advisors, bank owned investment dealers and leading independent financial firms. In addition, Investor Cubed provides traditional investor relations services including tailored national marketing and communications strategies.
About Augustine Ventures Inc.
Augustine Ventures Inc. is a junior gold exploration company which has an option to earn a 60% interest on the Wawa Gold Project which encompasses 2,345 hectares in McMurray Township, southeast of the Town of Wawa, Ontario. Over 95 percent of the property consists of leases and/or patents for both mineral and surface rights that are easily accessible. The property has a known depth extension to 600 meters, a history of past production from the known vein deposits and a large number of untested but documented gold occurrences. Augustine has also acquired a 100% undivided interest in an additional 161 claim units known as the Oakley Lake Property totalling 2,576 hectares adjacent to its Wawa Gold Project.
This news release may contain forward-looking statements. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding the estimation of mineral resources, exploration results, potential mineralization, potential mineral resources and mineral reserves) are forward-looking statements. Forward-looking statements are often identifiable by the use of words such as "anticipate", "believe", "plan", may", "could", "would", "might" or "will", "estimates", "expect", "intend", "budget", "scheduled", "forecasts" and similar expressions or variations (including negative variations) of such words and phrases. Forward-looking statements are subject to a number of risks and uncertainties, many of differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, failure to establish estimated mineral resources, the possibility that future exploration results will not be consistent with the Company's expectations, the price of gold and other risks identified in the Company's most recent filings with Canadian securities regulatory authorities on SEDAR.com. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement.