Augen Capital Announces Results of Annual and Special Meeting

TORONTO, ONTARIO — (Marketwire) — 06/28/12 — Augen Capital Corp. (“Augen” or the “Company”) (TSX VENTURE: AUG) is pleased to announce the results of its annual and special meeting of shareholders held earlier today. At the meeting, the Augen shareholders:

Holders of 38,739,902 shares (representing approximately 49.8% of the outstanding shares of the Company) were present in person or by proxy and voted at the meeting.

Augen would also like to announce that following the annual and special meeting of shareholders, the following individuals were re-appointed as officers of the Company:

“We are pleased with the results of today-s meeting. While this is a challenging and difficult market for junior resource companies, this is a good time for us to invest,” said Alan Cruickshank, the Company-s President and CEO. “I am confident we will acquire attractive assets.”

About Augen Capital

Augen Capital Corp. is a Toronto-based public merchant bank specializing in the provision of management, consulting and due diligence services to listed issuers in the mineral exploration, development and extraction sectors. Augen also assists in the financing of, and investment in, resource companies or projects.

For more information on Augen Capital, visit our website at .

The Company-s public documents may be accessed at .

Shares outstanding: 77,837,039

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.

Contacts:
Augen Capital Corp.
Alan Cruickshank
President and CEO
416-479-3300

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