AUV

Augyva Mining Resources Inc. (TSX VENTURE:AUV) ("Augyva" or the "Company") is
pleased to announce that further to its press release dated April 11, 2014, it
has entered into a formal employment agreement with Mr. Kuldeep Billan as full
time Chief Executive Officer of the Company. 


In connection with Mr. Billan's engagement and the recent appointment of two new
directors to the board, the Company also announces that at a meeting of the
directors held on April 18, 2014, a total of 2,000,000 options were awarded to
Mr. Billan and an aggregate of 1,250,000 options were awarded to the
non-executive directors pursuant to the Company's stock option plan. The options
are exercisable for five years at a price of $0.115 per share and, in the case
of Mr. Billan, will vest as to one-fifth on each anniversary of the date of
grant, and, in the case of the non-executive directors, all options vest on the
date of grant.


In order to formalize a pay-for-performance culture and further strengthen the
alignment between Company insiders with shareholders of the Company, Augyva also
announces that a restricted share unit plan (the "RSU Plan") for directors,
executive officers, employees and consultants of the Company was approved by the
board, subject to approval by the TSX Venture Exchange ("TSXV") and ratification
by the Company's shareholders at the 2014 Annual General Meeting of shareholders
(the "AGM"). Additionally the Company's board has approved the adoption of a
cash-settled-only deferred share unit plan (the "DSU Plan"). 


Subject to approval of the RSU Plan by the TSXV and ratification by the
shareholders at the AGM, 2,947,022 restricted share units ("RSUs") and 1,552,978
deferred share units ("DSUs") were awarded to the Company's CEO and an aggregate
of 750,000 DSUs were awarded to the non-executive directors. Of the CEO's
awards, approximately one-third are time-vested with the remaining two-thirds
vesting subject to the achievement of specific price and operational performance
conditions, including the achievement of a 30-day VWAP of $0.18 on Augyva's
common shares and $5 million in annualized EBITDA based upon a specified
formula. The DSUs awarded to the non-executive directors will vest subject to
the achievement of these same performance conditions.


Further details regarding both the RSU Plan and the award made under such plan
will be set out in the management information circular of the Company which will
be mailed to shareholders and filed on SEDAR in connection with the AGM.


About Augyva Mining Resources Inc.

Augyva is an exploration and development company holding five properties located
in the James Bay and Abitibi regions of the Province of Quebec. Its major
project is its 35% interest in the Duncan Lake Iron Property located in the
western part of the La Grande Greenstone Belt. The property is accessible by
road and covers approximately 25,602 hectares. Augyva received the results of a
National Instrument 43-101 compliant Preliminary Economic Assessment prepared by
Met-Chem Canada Inc. in March 2013. The property is subject to an option and
joint venture agreement between Augyva and Canadian Century Iron Ore Corporation
which has 65% interest in the property. 


In addition to the Duncan Lake Iron Property, Augyva holds a 100% interest in
four other mineral properties, namely: Yasinski and Kali in the James Bay region
and Senneville and Malartic in the Abitibi region. At these mineral properties,
the exploration focus is for other than iron ore. 


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. 


This news release may contain certain forward-looking information. All
statements included herein, other than statements of historical fact, are
forward-looking information and such information involves various risks and
uncertainties. In particular, this news release contains forward-looking
information relating to the receipt of regulatory and shareholder approval of
the RSU Plan and certain grants made thereunder. There can be no assurance that
such information will prove to be accurate, and actual results and future events
could differ materially from those anticipated in such information. In
particular, forward-looking information involves certain known and unknown
risks, uncertainties and other factors including but not limited to: risks
related to capital markets, general economic conditions, legislative and
regulatory developments. In addition, a description of assumptions used to
develop such forward-looking information and a description of risk factors that
may cause actual results to differ materially from forward-looking information
can be found in Augyva's disclosure documents on the SEDAR website at
www.sedar.com. Augyva does not undertake to update any forward-looking
information except in accordance with applicable securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Kuldeep Billan
CFA
kbillan@rogers.com

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