August Metal Corp.

August Metal Corp.

December 19, 2011 20:54 ET

August Metal Corporation: Extension Granted on El Capitan Option

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 19, 2011) - August Metal Corporation ("August" ) (TSX VENTURE:AGP) announces that pursuant to an option agreement whereby Terra Nova Minerals Inc. may acquire a 50-per-cent interest in August's El Capitan property, August has granted an extension to Terra Nova to incur a minimum of $250,000 in expenditures on the property from Dec. 31, 2011, to June 30, 2012.

On behalf of the Board of Directors

August Metal Corporation

Clive Brookes, President

Certain disclosure in this release constitute forward-looking statements that are subject to numerous risks, uncertainties and other factors relating to the Company's operation as a mineral exploration company that may cause future results to differ materially from those expressed or implied by those forward-looking statements. Readers are cautioned not to place undue reliance on these statements as they involve known and unknown risks, uncertainties and other factors that may cause a change in assumptions and the actual outcomes and estimates may be materially different from the estimated or anticipated future results, achievements or positions expressed or implied by those forward-looking statements. The Company disclaims any intentions or obligations to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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