Mr. Allen Lone reports

AUGUSTA PROVIDES SALES UPDATE

Augusta Industries Inc.'s wholly owned subsidiary, Marcon International Inc., has entered into various agreements with various departments of the U.S. government for the supply of instrumentation and equipment. The total value of the agreement entered into in March, 2016, was $564,637.61. The current backlog of orders, including these new contracts, is $1,259,843.85 as of March 31, 2016.

"The corporation is pleased that it continues to enter into new agreements with various entities of the U.S. government," stated Allen Lone, president of the corporation. "These new agreements are a positive way to start of the new fiscal year, and the corporation will continue to work with its clients in an attempt to enter into more agreements. The corporation is working, and will continue to work, to ensure that these contracts, along with the current backlog, will be fulfilled in a timely and efficient manner. The corporation and Marcon have worked and continue to work in building an ongoing successful relationship with these clients."

We seek Safe Harbor.