SOURCE: Aurus Corporation

April 02, 2007 11:12 ET

Aurus Addresses Third Party Offer

NEW YORK, NY -- (MARKET WIRE) -- April 2, 2007 -- Aurus Corp (PINKSHEETS: AURC) -- Due to rumours that are circulating regarding a possible buy-out by a third party of all outstanding shares, the company acknowledges that it has received an offer but the Board of Directors shall not make any comments until it completes a thorough verification both of the offeror and the price.

Mr. Grancharoff, vice president of finance, adds, "Once our due diligence is complete we shall announce which parties are involved and the price offered."

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.

Contact Information

  • Contact:
    Jeremy Krause
    Managing Director
    Business Development Consultants, LLC