Aurus to Acquire Two Properties With a Combined 925,562 Ounces of Gold
Aurus Corporation. (OTC:AURC) announced today that has signed a letter of intent to acquire a 74% interest in Prospector Taiga reserve and 90% of the Prospector Siberia reserves, which have a combined cumulative reserves of 925,562 ounces of placer and ore gold.
"Our plan is to continue to add substantial reserves, and these properties when acquired will represent great value to our shareholders and our joint-venture partners," said Mr. Parkin, President of Aurus Corporation. "The timing could not be better, the price of gold is continuing to rise, and we keep acquire strategic reserves making our foundation truly strong, thus securing our present and future for our shareholders," further added Mr. Parkin.
About Aurus Corporation
Aurus Corporation is a publicly traded mining holding company with several precious metal properties with over 5 million ounces in gold reserves, trading under the ticker symbol AURC on the US Pinksheets market. Aurus seeks to continue acquire proven gold and other precious metal reserves in Russia and other emerging counties and operate its mines through joint ventures and or partnerships.
Important Information About Forward-Looking Statements
All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
Contact:
Gerald Parkin
President
Aurus Corporation
gparkin@auruscorp.com
514-591-3666
www.auruscorp.com
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