Effective at the opening on October 1, 1998, Augusta Corporation commenced trading on the Vancouver Stock Exchange. The company is classified as an "Advanced" company and trades under the symbol "AUO".

With it’s corporate jurisdiction in Canada, Augusta Corporation became effective under a Plan of Arrangement in which Augusta Corporation acquired all of the assets and liabilities of Augusta Gold Corporation (previously traded under the symbol "AG"). The company is involved in the exploration and development of mineral properties.

The company’s capitalization is an unlimited number of Class "A" common shares with no par value of which 20,271,969 shares are issued and outstanding, an unlimited number of Class "B" common shares (non-voting) of which none are issued, and an unlimited number of Preferred shares, of which none are issued. There are no shares held in escrow. Montreal Trust Company is the transfer agent for the company.

For further information, please refer to the Augusta Gold Corporation’s Annual and Special Meeting of Shareholders Management Proxy Circular dated June 30, 1998.

AUGUSTA CORPORATION
Richard Warke, President
Suite 1700 - 701 West Georgia Street
Vancouver, BC  V7X 1K8
Phone: (604) 687-1717