Mr. Allen Lone reports

AUGUSTA PARTNERS WITH TTK CANADA

Fox-Tek Canada Inc., Augusta Industries Inc.'s wholly owned subsidiary, has partnered with TTK Canada. The objective of the partnership with TTK is to explore and develop opportunities and applications in the oil and gas sector incorporating the corporation's technology and products and TTK's novel leak-detection cable that is fast responding, entirely reusable and insensitive to water.

Allen Lone, president and chief executive officer of the corporation, commented: "The partnership with TTK will greatly expand our existing non-intrusive technologies and will allow the company to offer a more vary offering of products and services. This will allow the corporation to offer its clients a higher level of capabilities."

We seek Safe Harbor.