LAUREL HILL CONGRATULATES TRELAWNEY MINING AND EXPLORATION INC. ON THEIR ACQUISITION OF AUGEN GOLD CORP.
Laurel Hill's clients continue to attain shareholder approval in contested/complex transactions
TORONTO, ONTARIO, NEW YORK, NY, VANCOUVER, BRITSH COLUMBIA
November 17, 2011 -- The Laurel Hill Advisory Group ("Laurel Hill") congratulates Trelawney Mining and Exploration Inc. (“Trelawney”) on completing their acquisition of Augen Gold Corp. ("Augen"). As of final expiry, approximately 93% of Augen shareholders supported Trelawney's offer.
Greg Gibson, Trelawney President and Chief Executive Officer stated, “We are extremely pleased that Augen shareholders ultimately recognized the compelling rationale of our offer. Laurel Hill’s insight and execution, working in partnership with our other advisors, strongly contributed to our achieving a positive outcome.”
“It was our significant pleasure to partner with Trelawney's leadership and deal team on this strategic corporate transaction, and they are to be commended on attaining this outcome" commented Brad Allen, Laurel Hill Senior Vice President. "We were able to provide sound shareholder intelligence within a very dynamic environment, while effectively communicating the benefits of the offer to Augen shareholders located across North America and Europe."
With this latest in a number of recent client success stories, Laurel Hill continues to reinforce their reputation of delivering professional, industry leading results in situations requiring shareholder support. Leveraging their expertise that's created an industry leading win record for the past 4 years in proxy contests for board influence/control, they continue to demonstrate a compelling tactical advantage for clients requiring shareholder support in both unsolicited and supported mergers and acquisitions.