Augyva Mining Resources Files Audited Financial Statements for the Year Ended February 28, 2014
26 April 2014 - 12:30AM
Marketwired
Augyva Mining Resources Files Audited Financial Statements for the
Year Ended February 28, 2014
MONTREAL, QUEBEC--(Marketwired - Apr 25, 2014) - Augyva Mining
Resources Inc. ("Augyva" or the "Company") (TSX-VENTURE:AUV) today
announced that it has filed its audited financial statements for
the year ended February 28, 2014. The statements, together with the
related Management's Discussion and Analysis, can be found on SEDAR
at www.sedar.com, and on the company's website at
www.augyvamining.com.
In addition, the Company also announces that an aggregate of
300,000 options were awarded to two non-executive directors who
recently joined the board and the Company's CFO pursuant to
Augyva's stock option plan. The options are exercisable for five
years at a price of $0.13 per share and vested on the date of
grant.
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. 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. 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.
Kuldeep Billan, CFAkbillan@rogers.comAugyva Mining Resources
Inc.(416) 309-2197
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