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TORONTO, ONTARIO--(Marketwire - Dec. 7, 2011) - Augen Capital Corp. ("Augen" or "the Company") (TSX VENTURE:AUG) is pleased to announce a new business direction for 2012 and beyond. The company has begun actively seeking business opportunities in the mineral resource sector of Colombia. As part of that effort it has formed a subsidiary called Seven Stars Coal Corporation ("Seven Stars") through which it plans to operate in Colombia. The initial round of financing for Seven Stars has successfully raised $740,000 of capital. |
