SOURCE: Aurus Corporation

February 08, 2007 09:30 ET

Aurus Announces an Important Addition to Its Board

NEW YORK, NY -- (MARKET WIRE) -- February 8, 2007 -- AURUS Corp. (PINKSHEETS: AURC) -- AURUS is pleased to announce that Martin G. Grancharoff has been added to the Board in replacement of Gerald Parkin. His experience in financial development shall be a great asset. He has a successful background in manufacturing and real estate projects and brought financial strength to ventures in the United States, Canada, South Africa and Bulgaria. He recently obtained a $50 million equity financing package for a project in Florida.

Through his contacts and expertise in international finance, Aurus foresees an accelerated expansion program.

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