Augustine Announces Impact of New Gold Discoveries on Wawa Gold Project And Update on Financing and Merger
Toronto, Ontario--(Newsfile Corp. - January 21, 2016) - Augustine Ventures Inc. (CSE: WAW) ("Augustine") and Red Pine Exploration Inc. (TSXV: RPX) ("Red Pine") (collectively the "Companies") wish to provide a summary of work completed to date and highlight findings at their Wawa Gold Project, located about 2 kilometres east of Wawa, Ontario, Canada. New Gold Discoveries Greatly Expand the Wawa Gold Corridor - Goal to Expand Current ResourceRed Pine's exploration work in 2015 and early 2016 has defined an...
2016-01-21 12:39 PM EST
Augustine Announces New Drill Results Provide Further Evidence that the Surluga Deposit is Part of a Larger Gold System
Toronto, Ontario--(Newsfile Corp. - January 12, 2016) - Augustine Ventures Inc. (CSE:WAW) (“Augustine” or the “Company”) announces additional results from its Fall 2015 Exploration Program at its Wawa Gold Project near the east shore of Lake Superior on TransCanada Highway 17.Exploration work at the Wawa Gold Project consisted of seven channel samples and 554.8 metres of drilling (from Holes SM-15-32 to SM-15-39) in the Sunrise-Mickelson Shear Zone, located in the hanging wall (structurally above) of the Surluga Deposit (inferred resource...
2016-01-12 8:40 AM EST
Red Pine Exploration Inc. and Augustine Ventures Inc. Announce Potential Merger and Financing
Toronto, Ontario--(Newsfile Corp. - December 21, 2015) - Red Pine Exploration Inc. (TSXV: RPX) ("Red Pine") and Augustine Ventures Inc. (CSE: WAW) ("Augustine") announce that they have entered into a non-binding letter of intent dated the date hereof in respect of a transaction pursuant to which Red Pine will acquire all of the outstanding securities of Augustine (the "Transaction"). It is expected that Augustine will merge with a wholly-owned subsidiary of Red Pine pursuant to the plan of arrangement provisions...
2015-12-21 1:03 PM EST
Augustine Announces Two Discoveries from Fall 2015 Exploration Drill Program That Indicate the Currently Defined Resource of the Surluga Deposit is Part of a Larger Gold System
Toronto, Ontario--(Newsfile Corp. - December 18, 2015) - Augustine Ventures Inc. (CSE: WAW) ("Augustine" or the "Company") announces results from its Fall 2015 Exploration Program carried out through its joint venture agreement with Red Pine Exploration Inc. ("Red Pine") and Citabar LLP ("Citabar") on its Wawa Gold Project near the east shore of Lake Superior on TransCanada Highway 17.In particular, drill results from Hole HS-15-31 and Hole HS-15-30 point to two discoveries located in the area between the Jubilee...
2015-12-18 11:18 AM EST
Augustine Announces $1,000,000 Private Placement Financing
Toronto, Ontario--(Newsfile Corp. - December 18, 2015) - Augustine Ventures Inc. (CSE: WAW) ("Augustine" or the "Company") is pleased to announce a brokered private placement to raise up to $1,000,000 (the "Financing"). Augustine has engaged IBK Capital Corp. ("IBK Capital") for this financing on a best efforts basis.The details of the proposed Financing are as follows: a) $250,000 raised by way of...
2015-12-18 8:34 AM EST
Augustine Commences Fall Drill Program at the Wawa Gold Project
Toronto, Ontario--(Newsfile Corp. - October 13, 2015) - Augustine Ventures Inc. (CSE: WAW) is pleased to announce a 1,500 metre diamond drill program on its Wawa Gold Property has commenced. The drill program is targeting the Hornblende Shear Zone, located in the footwall of the Surluga Deposit (inferred resource of 1,088,000 ounces @ 1.71 g/t gold1), and the Mickelson-Sunrise Deformation Zone, located in the hanging wall of the Surluga Deposit (see Figure 1).
2015-10-13 2:22 PM EDT
Augustine Announces Extension of High-Grade Gold Zones Outside the Surluga Gold Deposit
Toronto, Ontario--(Newsfile Corp. - October 1, 2015) - Augustine Ventures Inc.'s (CSE: WAW) joint venture partner and Operating Manager of the Joint Venture Agreement (JVA), Red Pine Exploration Inc. ("Red Pine"), announced on September 30, 2015 the third round of assay results from the Summer 2015 exploration program. The samples cover gold zones located away from the immediate vicinity of the inferred resources of the Surluga Gold Deposit1 (see Figure 1).
2015-10-01 1:23 PM EDT
Augustine Announces High Grade Channel Sample Returns on the Mickelson/Sunrise Deformation Zone and Definition of High-Grade Gold Zones in the Hanging Wall of the Surluga Deposit
Toronto, Ontario--(Newsfile Corp. - September 24, 2015) - Augustine Ventures Inc.'s (CSE: WAW) joint venture partner and Operating Manager of the Joint Venture Agreement (JVA), Red Pine Exploration Inc. ("Red Pine"), announced on September 24, 2015 the second round of assay results from its Summer 2015 exploration program. Red Pine reports that channel samples taken in well exposed parts of the Mickelson/Sunrise Deformation Zone and Minto B/C Shear Systems located in the hanging wall...
2015-09-24 4:54 PM EDT
Augustine Announces Identification of High-Grade Gold-Bearing Quartz Veins in the Hornblende Shear Zone on its Wawa Gold Property
Toronto, Ontario--(Newsfile Corp. - September 21, 2015) - Augustine Ventures Inc.'s (CSE: WAW) joint venture partner and Operating Manager of the Joint Venture Agreement (JVA), Red Pine Exploration Inc. ("Red Pine"), announced on September 17, 2015 the first assay results from its Summer 2015 exploration program. These results, as well as geological observations, indicate the potential for the Hornblende Shear Zone (HSZ) to host high grade gold mineralization zones similar to those encountered in the Surluga Deposit.The HSZ is...
2015-09-21 12:15 PM EDT
Augustine Announces Closing of Private Placement and Debt Conversion
Toronto, Ontario--(Newsfile Corp. - September 3, 2015) - Augustine Ventures Inc. (CSE: WAW) ("Augustine" or the "Company") is pleased to announce that, further to its press release of August 5, 2015, it has completed an initial Offering (the "Offering") of an aggregate of 5,333,333 units ("Units") as follows: a) 3,333,333 Units at the price of $0.045 US per Unit for ...
2015-09-03 1:43 PM EDT
Augustine Announces It Has Earned In a 30% Interest in the Wawa Gold Project
Toronto, Ontario--(Newsfile Corp. - August 27, 2015) - Dr. Robert (Bob) Dodds, President and Chief Executive Officer, Augustine Ventures Inc. (CSE: WAW), "Augustine", is pleased to announce that, pursuant to the Option Agreement and Assumption Agreement (collectively, the "Agreements") entered into with Citabar LLP ("Citabar") and Red Pine Exploration (RPX on the TSX-V) ("Red Pine"), (see news release of December 11, 2014) all conditions have been met and Augustine and Red Pine have each earned in a 30% interest...
2015-08-27 6:00 AM EDT
Augustine Announces Debt Financing
Toronto, Ontario--(Newsfile Corp. - August 7, 2015) - Augustine Ventures Inc. (CSE: WAW) ("Augustine" or the "Company") announces it has negotiated debt financing of $26,200 evidenced by two promissory notes (the "Notes"). The Notes are interest bearing at 8% per annum calculated and payable on the first day of each month, due in full in August 2016 (the "Due Dates"). The funds raised through the debt financing will be used primarily for general administrative purposes and for exploration expenditures...
2015-08-07 11:52 AM EDT
Augustine Announces $450,000 Private Placement Financing
Toronto, Ontario--(Newsfile Corp. - August 5, 2015) - Augustine Ventures Inc. (CSE: WAW) ("Augustine" or the "Company") is pleased to announce a brokered private placement to raise up to $450,000 (the "Financing"). Augustine has engaged IBK Capital Corp. ("IBK Capital") for this financing on a best efforts basis.The details of the proposed financing are as follows: a) Up to 2,000,000 flow through...
2015-08-05 9:05 AM EDT
Augustine Announces Granting of Stock Options
Toronto, Ontario--(Newsfile Corp. - July 17, 2015) - The Board of Augustine Ventures Inc. (CSE: WAW) ("Augustine" or the "Company") announces that it has granted a total of 5,300,000 in new stock options to its officers, directors and a consultant pursuant to the terms of the Company's stock option plan. The options vest immediately, are exercisable at $0.065 per common share, and will expire on July 16, 2020. After giving effect to these option grants, there are currently 13,225,000 stock...
2015-07-17 2:51 PM EDT
Augustine Announces Conditions Have Been Met for Earn In of 30% Interest in Wawa Gold Project
Toronto, Ontario--(Newsfile Corp. - June 30, 2015) - Dr. Robert (Bob) Dodds, President and Chief Executive Officer, is pleased to announce that, pursuant to the Option Agreement and Assumption Agreement (collectively, the "Agreements"), (See news release of December 11, 2014) all financial obligations of Augustine Ventures Inc. (CSE: WAW) ("Augustine") as set out in the Agreements for Augustine to earn a 30% interest in the Wawa Gold Project, a past producing gold camp in McMurray Township adjacent to the Town...
2015-06-30 6:00 AM EDT
Augustine Announces Debt Financing
Toronto, Ontario--(Newsfile Corp. - June 22, 2015) - Augustine Ventures Inc. (CSE: WAW) ("Augustine" or the "Company") announces it has negotiated debt financing of $11,064 evidenced by a promissory note (the "Note"). The Note is interest bearing at 8% per annum calculated and payable on the first day of each month, due in full on June 12, 2016 (the "Due Date") and secured by general security agreements in favour of the lender. The funds raised through the debt...
2015-06-22 12:13 PM EDT
Augustine Announces Red Pine Exploration Release of Updated NI 43-101 Resource Estimate
Toronto, Ontario--(Newsfile Corp. - June 11, 2015) - Augustine Ventures Inc. (CSE: WAW) ("Augustine") entered into an assignment and assumption agreement with Red Pine Exploration Inc. (TSXV: RPX) ("Red Pine") and Citabar Limited Partnership ("Citabar") effective December 11, 2014 (the "Assumption Agreement") pursuant to which the parties agreed to amend the Surluga Property Option Agreement ("Option Agreement") to earn in an interest in the Wawa Gold Project. (see news release of December 11, 2014).Red Pine has released an updated NI...
2015-06-11 10:59 AM EDT
Augustine Announces Red Pine Exploration Provides Wawa Gold Project Update
Toronto, Ontario--(Newsfile Corp. - June 2, 2015) - Augustine Ventures Inc. (CSE: WAW) ("Augustine") recently entered into an assignment and assumption agreement with Red Pine Exploration Inc. (TSXV: RPX) ("Red Pine") and Citabar Limited Partnership ("Citabar") effective December 11, 2014 (the "Assumption Agreement") pursuant to which the parties agreed to amend the Surluga Property Option Agreement ("Option Agreement") to earn in an interest in the Wawa Gold Project. (see news release of December 11, 2014). Red Pine provided an update...
2015-06-02 6:00 AM EDT
Augustine Announces That Red Pine Exploration Extends High Grade Mineralization at Surluga Drills 38.95 Metres of 2.36 g/t Gold Including 8.97 Metres of 5.11 g/t Gold
Toronto, Ontario--(Newsfile Corp. - May 5, 2015) - Augustine Ventures Inc. (CSE: WAW) ("Augustine") entered into an assignment and assumption agreement with Red Pine Exploration Inc. (TSXV: RPX) ("Red Pine") and Citabar Limited Partnership ("Citabar") effective December 11, 2014 (the "Assumption Agreement") pursuant to which the parties agreed to amend the Surluga Property Option Agreement ("Option Agreement") to earn in an interest in the Wawa Gold Project, which includes the Surluga Deposit (see news release of December 11, 2014).Red Pine...
2015-05-05 6:00 AM EDT
Augustine Announces That Red Pine Exploration Continues to Intersect Hanging Wall Mineralization on the Wawa Gold Project
Toronto, Ontario--(Newsfile Corp. - April 28, 2015) - Augustine Ventures Inc. (CSE: WAW) ("Augustine") entered into an assignment and assumption agreement with Red Pine Exploration Inc. (TSXV: RPX) ("Red Pine") and Citabar Limited Partnership ("Citabar") effective December 11, 2014 (the "Assumption Agreement") pursuant to which the parties agreed to amend the Surluga Property Option Agreement ("Option Agreement") to earn in an interest in the Wawa Gold Project, which includes the Surluga Deposit (see news release of December 11, 2014).Red Pine...
2015-04-28 6:00 AM EDT