SOURCE: Aurus Corporation

April 18, 2007 12:49 ET

Aurus Due Diligence Completed

NEW YORK, NY -- (MARKET WIRE) -- April 18, 2007 -- Aurus Corp. (PINKSHEETS: AURC) announces that the due diligence has been completed and which was required in the purchase offer of all the outstanding shares for an all cash consideration. The contents of the ore deposits have been confirmed by the Ministry and have satisfied the party making the offer.

The president called a special meeting of the Board for April 24, 2007 in order to review the offer. The details of the offer shall then be disclosed at the close of that day's 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 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