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Aurora Acquisition Corp (AURC) RSS Feed

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Created
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Latest Video by Aurus of Magadan operations:  http://www.youtube.com/watch?v=IZM4D45bcew

 

11-10-2009  Report by Aurus President  http://www.auruscorp.com/eng/ReportPresidentAurusCorp.pdf

 

Website: http://www.auruscorp.com



Aurus Corporation is a publicly traded mining holding company, trading under the ticker symbol AURC. Aurus Corp has acquired significant amounts of 'Proven' & 'Imediate Resources' of Gold, Platinum, Iron, Zinc, Silver and other precious and rare-earth metals in Russia as well as unique processing technologies through its wholly owned division, Krong Corp acquisition. Aurus Corp within its holdings, will further pursue tangible and non-tangible acuisitions of strategic synergies and/or assets and operate through joint-venture partnerships and/or production sharing agreements.

---------------------------------------------------------------------------------------

CEO AURUS Corporation
LVOV Andrey

1956. Date of Birth - July 1956.

Place of birth - Irkutsk

 

 AURUS Corporation Financial Director AURUS Corporation
Korogod ALEXANDER

 Date of Birth - July 1977.
Place of birth - Saint - Petersburg.

 

Aurus Corp. Vice-President of Aurus Corp.
Date of Birth - September 1937.
Place of birth - Kostroma region, Russia

Marital status: married, three adult
children - two daughters and a son.

 

-- Andrey Lvov
President

born in 1956, Irkutsk, Russian Federation. He received his higher education at the Irkutsk' polytechnic institute in 1978. He has 26 years of operational experience in gold mining. He started as a simple jigger of the gold mining team and later became crew chief and specialist with the geologist responsibilities. He also worked as the chief of the gold mining site, "Majorych," in the Magadan area. Now he is also the General director of the company "RemBurStroj.

-- Mr. Samuel Vladimirovich Chobonian
Chief Financial Officer
-and-
KRONG [JSC]
General Director


Contact Information

Aurus Corporation
Admin BOD Office:
3773 Boulevard Cote-Vertu West
Suite 300
Ville Saint-Laurent, QC
Montreal West Island, H4R 2M3

514-702-8921
Email Info: slavakuz@gmail.com
------------------------------------------
Share Structure

--Total Outstanding: about 450 Mil
--Public Float: about 450 Mil


-Transfer Agent-
Transfer Online Inc.
Portland, Oregon
(Its stock transfer agent and registrar)

-------------------------------------------
-PR's & I/R-
--Investor Relations--
-Contact:

Emails have come from Elena with her claiming to be the new I/R for Aurus/Krong


--->Elena Kalinina


   




-------------------------------------------

 

NEWS!

 

vhttp://www.auruscorp.com/eng/news24.aspx.htm

 

 

NEW YORK, NY--(Marketwire - 08/13/09) - AURUS CORP (Pinksheets:AURC - News) announces that Mr. Lvov Andrey Jurevich has been appointed as the new President of the company. Mr. Jurevich received his higher education from Irkutsk polytechnical institute. He has extensive experience within the prospecting and gold mining enterprises of the Magadan region since 1976; specialization -- the geologist, the mountain master, the chief of a site, the general director, the president of the companies -- STELSGEO LLC, Sosnovgeologija, SevVostGeologija, "RemBurStroj." Ms. Alexandra Korogod was appointed as the chief financial officer of the company. Her higher education was received from Murmansk State Technical University (speciality -- "the Finance and the credit"), the Saint-Petersburg State Engineering-Economic University (speciality -- "the Finance and the credit", specialization -- "Banking"), School Embassy ILAC (Toronto, Canada). Her operational experience: KB "Monchebank," Murmansk; KB "GUTA-BANK," Saint-Petersburg (department of the currency control). Now she lives in Toronto, Canada.

The basis for the specified personnel changes: RESOLUTION OF THE MINUTES OF A MEETING OF THE BOARD OF DIRECTORS OF AURUS CORPORATION from August 2, 2009.

More detailed information will be presented on the company site.

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 counties and operate its mines through joint ventures and/or partnerships.

Aurus Corporation - Repayment Of Taxes

 

 

NEW YORK, Oct. 13 /PRNewswire-FirstCall/ -- AURUS CORP (AURC PK) announces that during this week the company will carry out a repayment of tax obligations to the regulating bodies. Existing tax obligations is a result of conducting operational activity on the objects of gold mining in the Magadan region of the Russian Federation. "A source of repayment of obligations has been the payment of debtors of the company. At this moment debtors owe the company near 1.02 million dollars. It'll allow the company to develop successfully future," - said Lvov A, the president of company.

The company informs that Anatoly Chicherin has been selected in structure of Board of directors as the vice-president of the company on geological researches. Mr. Chicherin is known as the skilled geologist with a long-term operational experience in the field of geological prospecting and mining of gold deposits. The detailed resume of Mr. Chicherin can be seen on the company site (http://www.auruscorp.com/). Viktor Feldbush has been removed from structure of Board of directors.

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: Viatcheslav Kouznetsov,

DATASOURCE: AURUS Corp.

 

CONTACT: Viatcheslav Kouznetsov,

 

 

 

Contact:

                 Contact: Viatcheslav Kuznetsov slavakuz@gmail.com              

 

 

 

Aurus Prepares for Gold Extraction

 

 

    • NEW YORK, NY--(Marketwire - 08/10/09) - AURUS CORP (Pinksheets:AURC - News) announces that the company carries out work reorganisation. Personnel shifts among the Board of directors are being carried out. Posts were kept by the vice-president and the secretary. Aurus Corp decided to refuse the services of the previous financial advisers. The report of the former president of the company Dovgan and the strategic program of development of a new management to shareholders will be presented on a company site as soon as technical questions with its work will be solved.

     

     

    AURUS: The Board of Directors

    Press Release

    • Source: Aurus Corporation
    • On Thursday August 13, 2009, 3:12 pm EDT

     

    NEW YORK, NY--(Marketwire - 08/13/09) - AURUS CORP (Pinksheets:AURC - News) announces that Mr. Lvov Andrey Jurevich has been appointed as the new President of the company. Mr. Jurevich received his higher education from Irkutsk polytechnical institute. He has extensive experience within the prospecting and gold mining enterprises of the Magadan region since 1976; specialization -- the geologist, the mountain master, the chief of a site, the general director, the president of the companies -- STELSGEO LLC, Sosnovgeologija, SevVostGeologija, "RemBurStroj." Ms. Alexandra Korogod was appointed as the chief financial officer of the company. Her higher education was received from Murmansk State Technical University (speciality -- "the Finance and the credit"), the Saint-Petersburg State Engineering-Economic University (speciality -- "the Finance and the credit", specialization -- "Banking"), School Embassy ILAC (Toronto, Canada). Her operational experience: KB "Monchebank," Murmansk; KB "GUTA-BANK," Saint-Petersburg (department of the currency control). Now she lives in Toronto, Canada.

    The basis for the specified personnel changes: RESOLUTION OF THE MINUTES OF A MEETING OF THE BOARD OF DIRECTORS OF AURUS CORPORATION from August 2, 2009.

    More detailed information will be presented on the company site.

     

     

    Aurus: New President

    • Press Release
    • Source: Aurus Corporation
    • On Friday August 21, 2009, 3:20 pm EDT

    NEW YORK, NY--(Marketwire - 08/21/09) - AURUS CORP. (Pinksheets:AURC - News) presents the new President of the company, Lvov Andrey Jurevich, born in 1956, Irkutsk, Russian Federation. He received his higher education at the Irkutsk' polytechnic institute in 1978. He has 26 years of operational experience in gold mining. He started as a simple jigger of the gold mining team and later became crew chief and specialist with the geologist responsibilities. He also worked as the chief of the gold mining site, "Majorych," in the Magadan area. Now he is also the General director of the company "RemBurStroj."

     

 

 

Recent emails from AURC to several Share holders:

8-6-2009

Dear shareholders!
We ask you to send real post requisites on given e-mail. After publication of the Report of the President to your address the company management will direct video material about operational activity of the company.
We wait for your post requisites.
_
Best regards,Elena Kalinina. Company "Krong".


 

8-5-2009

Good day!
       It would be desirable to hear private opinion of shareholders on a business diversification. Whether to carry on negotiations in this direction? Thanks.
Elena Kalinina - the sector of public relations.


 

8-4-2009

Dear shareholders!

The Report of the President of the company about the results of operating work for 2007-2008 and stategic programme of new management you can read on a company site in the near future.
   
     Company Aurus, sector public relation.


 

 

7-30-2009

Dear sirs shareholders!

Company AURUS apologises the shareholders for long silence in questions of informing on a current condition of operational activity of the company. It's connected with the general grave condition of world financial system and the Russian economy in particular. The company counted real ways of development proceeding from the created situation. The centre of public relations could not give almost verified answers to letters of shareholders.
At the moment we are glad to inform our devoted shareholders that at the company the development concept is generated. In the near future will given the following information:
- The report of the President of the company on work current operational year;
- Qualitative rotation of Board of directors;
- The Program of strategic development.

The centre of public relations will regularly support contacts to shareholders.

We thank for patience and company support.

The manager on public relations - Elena Kalinina

 

 Daily 6 months


Weekly 3 years

 
 

 


 

Press Release Source: Aurus Corporation

Aurus Conducts Exploration
Tuesday May 6, 12:07 pm ET

NEW YORK, NY--(MARKET WIRE)--May 6, 2008 -- Aurus Corp. (Other OTC:AURC.PK - News) announces that it is presently conducting further tests on its reserves in the Jagodninsky district of the Magadan region. Strip mining is being made to determine the reserves of gold.

'Skilled technicians are conducting the work by new digging technics,' states Mr Dovgan, president, who adds,'This region is well known for its rich gold content.'

These gold reserves will be added to Krong's tailings in the Roshal territory.

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.

-------------------------------------------


Press Release Source: Aurus Corporation

Aurus Negotiating Joint Venture
Tuesday April 29, 12:27 pm ET

NEW YORK, NY--(MARKET WIRE)--Apr 29, 2008 -- Aurus Corp (Other OTC:AURC.PK - News) announces that it is presently negotiating with a mining company to exploit part of its reserves in the Roshal territory. The reserves of tailings containing rare earth minerals are enormous and the president submits that it would be preferable to share the burden of manpower, equipment and costs involved in the processing of these reserves.

"By sharing our resources, we can produce minerals twice as fast," says Mr. Dovgan, president. "There is plenty of room for a number of teams to operate on the site."

The negotiation centers around operating the open pit mine as a joint venture or separating the material on a royalty basis.

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 counties and operate its mines through joint ventures and/or partnerships.

-------------------------------------------


Press Release Source: Aurus Corporation

Aurus Shall Process Its Iron Deposits
Thursday March 27, 10:55 am ET

NEW YORK, NY--(MARKET WIRE)--Mar 27, 2008 -- AURUS CORP (Other OTC:AURC.PK - News) shall commence the processing of iron from the tailings on its Roshal site. The report made by TsNIGRI under international standards concludes that there are 20.8 million tonnes of iron on this site. This report coincides with the report made in March 2007 by the Russian Scientific Research Institute of Chemical Technology.

"The iron shall be extracted by the use of magnetic separation within an aqueous medium. With strong magnetic fields, it is possible to extract iron at the rate of 60-65% of the cinder material," states Fedor Dovgan, president.

The iron shall be sold on the strong internal market. "Because the price of iron has almost doubled due to the increase in demand from the booming construction industry, we shall commence the process within the mining complex that is being prepared," adds Mr. Dovgan.

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.

-------------------------------------------

Press Release Source: Aurus Corporation

Aurus Prepares for Gold Extraction
Tuesday March 25, 11:42 am ET

NEW YORK, NY--(MARKET WIRE)--Mar 25, 2008 -- AURUS CORP (Other OTC:AURC.PK - News) announces that the steps leading to processing rare earth minerals from the tailings in the Roshal territory has now begun. An Agreement was signed with InvestGasProm LLC to connect all equipment to the electric substation.

This prepares for the arrival of the first party of the newly purchased equipment built specifically for the extraction of gold and rare earth minerals from tailings. "We are most fortunate to acquire this unique processor which separates minerals by identifying their color spectrum," states Fedpr Dovgan, president.

The extraction Complex that is being put in place will include equipment with modern technologies for the extraction of other minerals based on magnetic separation and gravitational enrichments.

"The best season for mining these tailings is rapidly approaching and we will be ready," adds Mr. Dovgan.

-------------------------------------------


Press Release Source: Aurus Corporation

Aurus Publishes Legal Opinion Regarding Proprietary Rights
Wednesday March 19, 1:50 pm ET

NEW YORK, NY--(MARKET WIRE)--Mar 19, 2008 -- Aurus Corporation (Other OTC:AURC.PK - News) announces that it published on its website (http://www.auruscorp.com//attorney.pdf) the legal opinion that was made within a due diligence process concerning the ownership of the assets belonging to Krong, a fully owned subsidiary of Aurus. One of the leading law firms in Russia was chosen to verify the proprietary rights of Krong.

Kagan and Partners is a most respected law firm in Russia and has among its clients PepsiCo Holdings, Johnson & Johnson, PricewaterhouseCoopers, Oriflame Cosmetics, Esselte, Unilever CIS, Baker Botts LLP, Hydro Aluminium (Norway), UniCredit Bank (Austria), Omnilife (Mexico), Delcam (UK), Marcora Costruzzioni (Italy), Esprit (Germany), Catrosa (Spain), Speak-Up (Poland), Megafon, Gasprom Factoring Company, etc.

Aurus also trusts that the legal opinion issued by this top tier law firm would dispel all recent false rumors that the Company does not exist and that its assets are fictitious.

About Aurus Corporation

Aurus Corporation is a publicly traded mining holding company with several precious metal properties and 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:

Contact:
Viatcheslav Kuznetsov
slavakuz@gmail.com



-------------------------------------------


RSM Top Audit: AURUS Corp's initial audit firm for the Russian State preparation of investment project and IPO newly created 'holding company', AURUS Corp of Zabaikalgeoproms' related enterprises, sites and assets.
http://www.top-audit.ru/eng/services/5/
RSM Top Audit http://top-audit.ru.mastertest.ru
The evaluation of the gold properties is being done by RSM Top Audit. This is one of the top 6 global audit firms. This firm based in Russia, boasts an 'A' list clientele many Government publicly traded joint-stock companies, exceptional credibility and Sate/Government 'Classified' authorization.

--------------------------------------------



AURUS CORP (www.auruscorp.com)



Nov 29, 2006 10:25:00 AM NEWS
--Aurus Commences Procedures to Mine Tailings--

 
The available minerals are:
Gold 80,000 Kilos = 2,572,000 troy ounces @ $635 = $1,633,220,000*
Platinum 40,000 Kilos = 1,286,000 troy ounces @ $1,150 = $1,478,900,000...Added!*
Silver 1,000,000 Kilos = 32,150,000 troy ounces @ $13.5 = $434,025,000...Added!*
Cobalt 10,400 tonnes = 22,900,000 pounds @ $15.0 = $343,500,000...Added!*
Moly 3,000 tonnes = 6,600,000 pounds @ $26.0 = $171,600,000...Added!*
Tellur 12,000 tonnes = 26,450,000 pounds @ $30.0 = $793,500,000...Added!*

*Added Note: Total = $4,854,745,000...NET Addition (Less GOLD, Previously PR-Announced) = *$3,221,525,000. Added to 'Immediate' Resource Value!

In addition, there are large quantities of iron, *scandium*, zinc and tin.
Furthermore, Aurus Corp. has acquired unique technologies which allow it to remove from the tailings neutral waste which remains after processing and this is used to make building materials. This practice is unique in the world rendering even discarded material into revenue producing matter.

Thursday November 30, 10:20 am ET NEWS
Aurus Corp. Announces That Major Revenues Shall Generate Immediate Dividends for Shareholders

NEW YORK, NY--(MARKET WIRE)--Nov 30, 2006 -- Aurus Corp. (Other OTC:AURC.PK - News) is most pleased to announce to its shareholders that their accountants have completed their report on the market value of the tailings which will be immediately processed. The report outlines these assets as follows:

Precious metals (gold, platinum, silver)
$3,706,000,000.00
Group of polymetals (scandium, zinc, tin etc)
$1,350,000,000.00
Iron
$4,800,000,000.00

The general Total Estimate of raw material in the form of technologenic tailings:
$9,856,000,000.00

The president, head of operations, Fedor Dovgan, underlines the fact that he is well familiar with these tailings and the facility to extract minerals.

He adds, "The process to extract minerals and polymetals is very straightforward with no unforeseen obstacles. We do not face the uncertainties of underground mining. We can literally see the rare earth minerals. The low costs of production make this venture extremely profitable."



**Earnings/PE Ratio Method 'comp' Valuation: then use an industry {Avg. PE Ratio/Multiple = 37.6x}
http://biz.yahoo.com/p/134conameu.html
……{We have to Conclude from PR...then ~ +$.75 to $0.85 EPS for this fiscal 2007 is in line with estimates...
...Considering the First Order of Business… The LOWEST COST of Production part (that of processing the already 'stockpiled' ore) Is First Priority!..."VERY PROFITABLE!"... "Right from the start of fiscal 2007!" ;) }……


**As of (Feb. 2006 Data) the date of the report; The Average Publicly Traded 'Producing' Gold stock trades for a PPS/Market Cap Valuation of $253.01/OZ^ AU (of Reserves 'Under-Your-Feet'/In Ground') (^Updated w/^Current Gold spot of $650/OZ)**

***Comparable Reserve-Based Mkt. Cap Valuation to all Other Publicly-Traded Industry-Like Producing-Companies with Geological Proven + Probable OZ's AU in terms of Market Cap/Amount Per Share:

>>>AURC Fair Mkt.Value PPS = ***$5.84/Share***<>

...(Note1: This Reserve-Based Market-Comparable Valuation model is to like-producing-mining companies Publicly-Traded; And is Based On Current Proven Gold Reserves/Resources of ~ 7.4 Mil OZ AU of AURUS Corp combined enterprises/assets as PR'd by December 2006. Gold spot price of ^$650/OZ and the current ~319.69 Mil shares O/S as Updated on 04-07-2007)...

--Not including its other significant amounts of Combined-Assets (Iron, Platinum..etc) and/or any other of its precious and rare earth metals Reserves -- Not commonly included into the like-comparables.

*Note2: AURUS Corp Is justified for a 'Premium' Reserve-Based Mkt. Cap Valuation {ABOVE the 'Average'} based on its more liquid 'Immediate Resources' being 'above ground' -vs- 'under-your-feet'.

-----------------------------
-WEEKLY Chart:--Demonstrating the 'All-Of-A-Sudden'> unjustified manipulation; Most Recently the...
... 11.8 Mil (short) Record-Volume Day which occured the day after debut of the AURUS-DD Video ;)...
...(See relevant 2nd week of Feb.)
...15 of 18 Months on Reg-SHO-List-&-counting...


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