Wednesday, December 13, 2006 7:35:54 PM
Press Release Source: Aurus Corporation
Aurus Corp. Is Pleased to Announce Its Dividend
Wednesday December 13, 4:45 pm ET
NEW YORK, NY--(MARKET WIRE)--Dec 13, 2006 -- Aurus Corp. (Other OTC:AURC.PK - News) is announcing that it will be granting a dividend to its shareholders.
The president stated that the low cost of mining rare earth minerals renders superior net revenues, permitting the Company to pay dividends to its shareholders.
Since production is now commencing on the Krong site, the initial dividend shall be in shares while future dividends shall provide for cash payments.
Aurus Corp. announces that it shall give each of its shareholders on record as of January 30, 2007 a premium of one share for every ten shares held in the Company.
Fedor Dovgan, its president adds, ''We are most pleased to give our shareholders the first of many dividends provided by mining results.''
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:
Contact:
Gerald Parkin
Vice-President
Aurus Corporation
gparkin@auruscorp.com
514-798-5454
http://www.auruscorp.com
Source: Aurus Corporation
Aurus Corp. Is Pleased to Announce Its Dividend
Wednesday December 13, 4:45 pm ET
NEW YORK, NY--(MARKET WIRE)--Dec 13, 2006 -- Aurus Corp. (Other OTC:AURC.PK - News) is announcing that it will be granting a dividend to its shareholders.
The president stated that the low cost of mining rare earth minerals renders superior net revenues, permitting the Company to pay dividends to its shareholders.
Since production is now commencing on the Krong site, the initial dividend shall be in shares while future dividends shall provide for cash payments.
Aurus Corp. announces that it shall give each of its shareholders on record as of January 30, 2007 a premium of one share for every ten shares held in the Company.
Fedor Dovgan, its president adds, ''We are most pleased to give our shareholders the first of many dividends provided by mining results.''
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:
Contact:
Gerald Parkin
Vice-President
Aurus Corporation
gparkin@auruscorp.com
514-798-5454
http://www.auruscorp.com
Source: Aurus Corporation
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