Augen Capital Corp. has added two members to its board of advisors. The new appointments are Alex Henry, managing partner of Hampton Equity Management Inc. and Michael Hitch, senior mining analyst, with Octagon Capital Corp.

Based in Toronto, Augen Capital is a merchant bank specializing in early-stage resources companies. Managed by mining and financial services experts, Augen’s portfolios consist of junior mines that have demonstrated strong upside potential.

Henry brings a wealth of experience from the investment banking industry having raised more than $500 million in his career. In his current role at Hampton Equity Management Inc. he assists early stage enterprises in organizing their funding requirements. Henry also acts as a director and advisor of The Millennium Bullion Fund, which has assets of $13.4 million and was the first of its kind in Canada. At Augen, Henry will be instrumental in establishing, advising and assisting in the financing of non-flow-through investments in Canada and abroad.

Hitch is a professional geologist who is currently writing his Ph.D. in that field. In addition to his responsibilities at Octagon Capital, he has held the position of executive VP corporate development with Ivanhoe Mines; VP, AngloGold North America Inc in Denver Colorado; as well as senior analyst and corporate finance positions with Teck Corp., Loewen, Ondaatje, McCutcheon, and C.M. Oliver Capital Markets. His experience both as an analyst and within mining companies will be invaluable in helping Augen choose target companies for its investment portfolio.

“We have developed a strategy to aggressively build Augen and the addition of two such talented individuals to our board of advisors is a part of its implementation,” said David Mason, chairman & CEO, Augen Capital. “They will join the other members of the Advisory Board, including Julian Baldry and Rod Whyte who also have long and varied experience in analytical and financial aspects of the mining sector, to ensure that Augen enhances its position as the leading merchant bank and fund manager in the early-stage resource companies sector.”