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MELFORT, SK, Aug. 31, 2012 /CNW/ - Hodgins Auctioneers Inc. (HA-TSX.V) ("Hodgins" or the "Company") is pleased to report filing of its financial statements for the second quarter ending June 30, 2012. Highlights of the second quarter include: -- Q2 Gross Merchandise Value (GMV) sold $17,986,966 -- Q2 Gross Revenue $1,603,386 -- Q2 Net Income $431,466 (YTD $46,634) -- Private Placement completed Q1/Q2 $510,000 About Hodgins Auctioneers Inc. Headquartered in Melfort, SK for more than 50 years, Hodgins Auctioneers is a provider of professional auction services. Hodgins is renowned for its experienced Auctioneers, award-winning promotions, dependable results and commitment to providing the ultimate marketplace for the sale of assets by auction. Neither the 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. Hodgins Auctioneers Inc. CONTACT: Grant Hodgins, CEOHodgins Auctioneers Inc.Tel: 1-800-667-2075Fax: (306) 752-5702Email: grant@hodginsauctioneers.comWebsite: www.hodginsauctioneers.com

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