Quri Resources, Inc. (fka QURS)

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Quri Resources, Inc. Enters Into Financing Agreement for 3 Million Euros
Date : 07/21/2009 @ 9:00AM
Source : MarketWire
Stock : Quri Resources, Inc. (QURS)
Quote : 0.3 0.1 (50.00%) @ 10:22AM


Quri Resources, Inc. Enters Into Financing Agreement for 3 Million Euros





QUITO, ECUADOR -- (Marketwire) -- 07/21/09 -- Jaime S. Gomez, CEO of Quri Resources (PINKSHEETS: QURS), announced today that the Company entered into a financing agreement with U-mex gmbH, a Swiss investment banking firm.

U-mex will be assisting the company with a private placement of its preferred shares, up to 3 million Euros, on a best-effort basis.




Mr. Gomez stated, "Entering into an agreement with U-Mex was the next logical step for us. It gives us the ability to grow exponentially, giving our shareholders added value." He further stated, "We have over 4,400 acres in Ecuador, several more thousand in the United States and are currently working on acquisitions here in Ecuador and Argentina. We operate out of Quito, Ecuador and subsequently have very low overhead and most of our proceeds from the private placement will go directly to production and acquisitions."




For more information contact [e-mail]



Quri Resources is U.S.-based junior mining company committed to the exploration, discovery and development of gold, silver, copper and other minerals. Quri Resources Inc. holds mining rights and mineral concessions in Ecuador and the United States. These properties are in different stages of exploration and development. Quri Resources was founded by professionals with unmatched expertise in business and the mining industry in South America and North America. Quri Resources is committed to exploring responsibly, maintaining environmentally friendly policies while impacting the local economy in an exponentially positive manner that will allow our shareholders to take pride in their investment.




For more information about us, please visit our web site www.quriresources.com



Some of the statements contained herein may be forward-looking statements, which involve known and unknown risks and uncertainties. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward-looking statements that involve various degrees of risk. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward-looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital.


Contact:

Jaime Gomez

Phone: [phone]










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