Augusta Announces Execution of Non-Disclosure with Mitsubishi and Closes Non-Brokered Private Placement

TORONTO, ONTARIO–(Marketwired – July 16, 2015) – Augusta Industries Inc. (the “Corporation”) (TSX VENTURE:AAO), a developer and marketer of patented non-intrusive sensing systems, is pleased to announce that its wholly-owned subsidiary Fox-Tek Canada Inc. (“Fox-Tek”) has entered into a non-disclosure agreement (“NDA”) with Mitsubishi Heavy Industries America Inc. (“MHIA”) an affiliate company of Mitsubishi Heavy Industries Ltd based in Japan, supporting business activity in US. Further to the signing of the NDA, a team from MHIA (G-R&D Boston and Houston Office) is scheduled to visit Fox-Tek’s offices on July 28, 2015. These …read more

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