About the Company
Based in Toronto, Ontario, Canada, Augen is a merchant bank specializing in the financing of and investment in mining resource companies or projects. Augen's principals and advisors have many years of collective experience and expertise in capital markets transactions as well as identifying properties with substantial mineralization. In addition, Augen acts as a consultant to issuers of mineral resource tax-advantaged flow-through partnerships in Canada.
The primary business objective of the Company is to create shareholder value through recurring revenue streams and capital appreciation of assets held for investment. Augen focuses its investment activity on a small number of transactions in which it has significant influence on or over which it has control. The Company expects to achieve these objectives primarily through, (1) its merchant banking activities including transactional fee income, (2) fees from providing management services and strategic advice to investee companies, and (3) capital appreciation from the acquisition and disposition of merchant banking positions. In addition, the Company receives fee income from its consulting activities in the mineral resource flow-through sector. In order to be responsive to new opportunities and support existing ones, Augen attempts to maintain a strong financial position with substantial liquidity in the form of cash and securities.
Augen's continuous disclosure documents, including the Company’s press releases and quarterly and annual reports are available through its filings with the securities regulatory authorities in Canada at www.sedar.com.