SOURCE: Aurus Corporation

September 18, 2007 12:08 ET

AURUS Shall Issue Dividend

NEW YORK, NY--(Marketwire - September 18, 2007) - The directors of Aurus Corp (PINKSHEETS: AURC) advise the shareholders that because its former transfer agent, Select America Transfer Co, was under investigation, the Company was not able to issue the dividend to its shareholders. Now Aurus Corp is pleased to announce that it shall now issue the dividend.

Furthermore, because of the difficulties that resulted from the issue with the transfer agent, the offer submitted by Kartex to purchase all the outstanding shares for $.55 per share is extended to permit the shareholders to vote.

As soon as the dividend is issued to permit all the shareholders to vote on this important matter, the date for the shareholders meeting will be announced. The company anticipates an announcement within 15 working days.


AURUS CORP is a publicly trade 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 operates its mines through joint ventures and/or partnerships.

Forward-Looking Statements

Few statements in this release, and other written or oral statements made by the Company, including the use of the words "expect," "anticipate," "estimate," "project," "forecast," "outlook," "target," "objective," "plan," "goal," "pursue," "on track," and similar expressions, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on current estimates and projections about AURUS CORPORATION's business, which are derived in part on assumptions of its management, and are not guarantees of future performance, as such performance is difficult to predict. Actual outcomes and results may differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Such factors includes, but are not limited to, the Company's ability to execute effectively its business plan and acquisition strategies, changes in market activity, the development of new products and services, the enhancement of existing products and services, competitive pressures (including price competition), system failures, economic and political conditions, changes in consumer behavior and the introduction of competing products having technological and/or other advantages. These and other risks are described in the Company's filings with the Securities and Exchange Commission, which should be read in conjunction herewith for a further discussion of important factors that could cause actual results to differ materially from those in the forward-looking statements. The Company assumes no obligation to update information concerning its expectations.

Contact Information

  • Contact :
    Christine Lagace
    1-888-923-9381 ext. 28