Augustine Ventures Inc.

Augustine Ventures Inc.

June 30, 2011 17:22 ET

Augustine Ventures Inc. Reschedules Annual and Special Meeting Due to Recent Canadian Postal Strike

TORONTO, ONTARIO--(Marketwire - June 30, 2011) - Augustine Ventures Inc. (CNSX:WAW) ("Augustine" or the "Company") wishes to announce that it has rescheduled its Annual and Special Meeting of Shareholders (the "Meeting") scheduled for July 14, 2011 to July 21, 2011.

Due to the recent interruption in normal mail services as provided by Canada Post, the Company was concerned that shareholders may not have received their proxy solicitation materials on a timely basis and that proxies may not be received by the Company's transfer agent prior to the proxy delivery deadline. As the Company values the shareholders' right to vote, the board of directors of Augustine has decided that rescheduling the Meeting once mail service was restored was in the best interests of the Company and its shareholders.

All meeting materials received by shareholders referencing a Meeting date of July 14, 2011 should be read as July 21, 2011.

About Augustine Ventures Inc.

Augustine Ventures Inc. is a junior gold exploration company which has secured an option to earn a 60% interest in the Wawa Gold Project which encompasses 2,345 hectares in McMurray Township, southeast of the town of Wawa. Over 95 percent of the property consists of leases and/or patents for both mineral and surface rights that are easily accessible. The property has a known depth extension to 600 meters, a history of past production from the known deposits and a large number of untested but documented gold occurrences on the property. Augustine recently completed private placements for gross proceeds of $2,550,000 in flow through and non-flow through financing. The purpose of the private placements was to satisfy financial obligations with respect to the Wawa Option Agreement and for general and administrative purposes.

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