SOURCE: Aurus Corporation

April 19, 2007 09:30 ET

Aurus Convenes Special Board Meeting

NEW YORK, NY -- (MARKET WIRE) -- April 19, 2007 -- Aurus Corp. (PINKSHEETS: AURC) announces that it has called upon the Board of the Company to a special meeting on April 24, 2007 to study the proposal made to purchase all the outstanding shares for an all cash consideration.

Mr. Grancharoff, vice president, states, 'The president asked that I attend a special meeting of the Board to study and voice our opinion as directors on the offer that was submitted. The shareholders shall be notified of both the details of the offer as well as our recommendations. The conclusion shall be announced on April 24, 2007 at the closing of the market.'

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 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
    1-858-384-0294