SOURCE: Aquarian Gold Corp.

November 08, 2007 12:41 ET

Aquarian Gold Corp Upgrades Pink Sheets Disclosure

TORONTO--(Marketwire - November 8, 2007) - Aquarian Gold Corp. (PINKSHEETS: AQGC) ("Aquarian") is pleased to announce that it has completed the OTCIG Service Agreement for use of the Pink Sheets Issuer Services, and has filed all the appropriate documentation required, including current financial information. Pink Sheets has created a new categorization system to alert investors about the ability and willingness of individual issuers to provide adequate public disclosure in a timely manner.

This filing has resulted in the Company being categorized at the second highest category regarding issuer disclosure, and the Company will be working toward further filings to ensure that it achieves the highest category possible.

This is just one of the initial steps that the Company is undertaking with respect to public disclosure as it begins its revival as a vibrant, growing exploration Company with what it believes is the potential to become a major producer of coal in Indonesia.

About Aquarian Gold Corporation

The company is acquiring a large land position (greater than ten times the size of the Island of Manhattan) located in the Riau coal basin. The property, easily accessed via barge along the nearby river, lies less than 100 kilometres (62 miles) from the east coast of Sumatra and shipping links to South East Asia.

Historically, Sumatra has accounted for 70% of Indonesia's known coal reserves. The three main Sumatran coal basins have been significant coal producers for more than a century. Due to the high quality of Indonesian coal, it is widely used throughout Europe, Asia and the America as a blending coal to help customers meet environmental standards. According to a recent Citibank report, "Indonesia has come from nowhere to challenge Australia as the world's largest exporter of thermal coal".

Aquarian Gold Corp. trades in the United States on the Pink Sheets under the symbol AQGC. For further information contact Ian Lambert at (416) 840-9843 or go to www.aquariancoal.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.

Contact Information