Shareholders Concerned of Augen Gold

Augen Capital Corp. and Envoy Capital Group Inc.

believe change is urgently needed at the board of directors of Augen Gold Corp. T he Concerned Shareholders do not believe that Augen Gold is being managed properly and Augen Gold's performance, both short and long term, is indicative of the lack of solid leadership. The Concerned Shareholders are asking fellow Augen Gold shareholders for their support to make these necessary changes at Augen Gold at the annual and special meeting to be held on September 30, 2010. Augen Capital is the founding shareholder and Envoy Capital is one of the earliest shareholders of Augen Gold. Augen Capital owns 11,519,010 common shares of Augen Gold, representing a 15.03% ownership interest. Envoy Capital owns 3,118,250 common shares of Augen Gold, representing a 4.07% ownership interest. Together, the Concerned Shareholders represent 19.1% ownership interest, a significant stake in Augen Gold. In contrast, the current board and management represent a 1.75% ownership interest.