Aurcana Corporation
TSX VENTURE : AUN
OTCQX : AUNFF

Aurcana Corporation

October 31, 2013 09:00 ET

Aurcana Provides Update

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 31, 2013) - Aurcana Corporation ("Aurcana" or the "Company") (TSX VENTURE:AUN)(OTCQX:AUNFF) wishes to provide an update.

The Company is pleased to report the appointment of Mr. Bob Pepper, President & CEO of Yava Technologies Inc. (Yava), as a Technical Advisor.

Mr. Bob Pepper has over 35 years of experience in management, finance and research. In 2008 he assumed the role of President & CEO of Yava, a company that has developed and patented a high-tech metal recovery process that has the potential to achieve higher recoveries and lower costs.

Mr. Pepper will work with Aurcana in an effort to maximize the Company's metal recovery processes and improve efficiencies.

Separately, the Company wishes to announce the resignation of Mr. Nils Von Fersen, as Vice President Exploration effective October 31, 2013. Mr Von Fersen is being retained as a consulting geologist. The Company also reports that it has accepted Mr. Paul Matysek resignation from the Board of Directors and welcomes his transition to Aurcana's Technical Advisory Board effective October 31, 2013.

About Aurcana Corporation

Aurcana Corporation is a primary silver producing company with two mines: the La Negra Mine in Mexico and the Shafter Mine in Texas, US. The Company is positioned to grow organically from its existing mines to become a senior silver producer.

Corporate

The Company's shares are also traded in the United States on OTCQX under the symbol "AUNFD". Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcqx.com and www.otcmarkets.com.

Lenic Rodriguez, President & CEO

NR-13-33

Cautionary Statement Regarding Forward-Looking Information

This press release contains 'forward-looking information' within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "anticipate", "believe", "plan", "expect", "intend", "estimate", "forecast", "project", "budget", "schedule", "may", "will", "could", "might", "should" or variations of such words or similar words or expressions and includes statements regarding planned resignations and future appointments to the Company's board of directors. Forward-looking information is based on reasonable assumptions that have been made by the Company as at the date of the information and is subject to known and unknown risks, uncertainties, and other factors that may cause actual results or events to differ materially from those anticipated in the forward-looking information.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be factors that cause results to be other than as anticipated, estimated or intended. There can be no assurance that the forward looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information contained herein, except in accordance with applicable securities laws.

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.

Contact Information

  • Aurcana Corporation
    Lenic Rodriguez
    President & CEO
    (604) 331-9333 or Toll Free: (866) 532-9333
    (604) 633-9179 (FAX)

    Aurcana Corporation
    Catalin Chiloflischi
    Corporate Communications Director
    (604) 331-9333 or Toll Free: (866) 532-9333
    (604) 633-9179 (FAX)
    ir@aurcana.com
    www.aurcana.com