09:11:31 EDT Tue 23 Apr 2024
Enter Symbol
or Name
USA
CA



Augusta Industries Inc
Symbol AAO
Shares Issued 256,114,871
Close 2018-05-17 C$ 0.02
Market Cap C$ 5,122,297
Recent Sedar Documents

Augusta unit inks $612,522 in U.S. gov't supply deals

2018-05-17 11:59 ET - News Release

Mr. Allen Lone reports

AUGUSTA ANNOUNCES ITS SHAREHOLDERS' MEETING AND PROVIDES SALES UPDATE

Augusta Industries Inc.'s wholly owned subsidiary, Marcon International Inc., has entered into new agreements with various departments of the United States government for the supply of instrumentation and equipment. The aggregate value of the agreement entered into was $612,522.38. The current backlog of orders, including these new contracts, is $962,838.71 as of May 15, 2018.

"The corporation is pleased to enter in these new contracts as it is a reflection of the continued efforts and hard work of the corporation's sales staff," stated Allen Lone, president of the corporation. "The corporation's sales efforts continues to result in increased sales, and the corporation will continue to focus on entering into additional contracts, and developing additional relationships and opportunities with its existing clients."

The corporation also announces its shareholders' meeting has been scheduled for July 11, 2018.

About Augusta Industries Inc.

Through its wholly owned subsidiaries, Marcon International Inc. and FOX-TEK, Augusta Industries provides a variety of services and products to a number of clients.

Marcon is an industrial supply contractor servicing the energy sector and a number of United States government entities. Marcon's principal business is the sale and distribution of industrial parts and equipment.

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