SOURCE: Aurus Corporation

May 16, 2007 10:30 ET

Aurus Board of Directors Accepts $.55 Offer

NEW YORK, NY -- (MARKET WIRE) -- May 16, 2007 -- Aurus Corp.'s (PINKSHEETS: AURC) board of directors is pleased to announce to its shareholders that it has decided to accept the offer of Kartex Financial Corporation to purchase all outstanding shares at $.55 and, consequently, it recommends to the shareholders to accept the offer.

The president, Fedor Dovgan, assures the shareholders that the procedure to conclude the transaction will be done in a very expeditious manner.

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 Pink Sheets market. Aurus seeks to continue to acquire proven gold and other precious metal reserves in Russia and other emerging countries and operate its mines through joint ventures and/or partnerships.

Contact Information

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