Aurora Elects New Officers and Directors
Aurora
Elects New Officers and Directors
Wednesday March 12, 3:21 pm ET
VANCOUVER,
B.C.--(BUSINESS WIRE)--March 12, 2003--Aurora Precious Metals Inc.
(PinkSheets:ARPM - News) announced today that it has appointed the following
new officers and directors: Walter Stunder, president,
CEO and chairman; David Maxwell, CPA., secretary/treasurer
and director; Kevin Stunder, BBA, vice-president and director;
and, David Yeager, P. Geo, director.
"The ongoing developments in mining technologies -- and more specifically
in Central Europe -- continue to create new business opportunities,"
said Walter Stunder, CEO of Aurora Precious Metals Inc. "This new management
team brings years of experience to our company and looks forward to the
new developments to come," he added.
Aurora Precious Metals Inc. is an exploration, development
and mining company having its principal mining site in the Odesa region
of Ukraine. A major shift in the political environment in Central Europe
has created a new staking rush in the area that has become "the new
Nevada." This is one of the world's longest gold belts that stretch
from Greece, across central Europe into southern Poland and western Ukraine.
This has extremely attractive potential because some of the countries,
Hungary, Czech Republic, Slovenia and Poland have joined or are in the
process of joining the European Union, which indicated that political
stability has been achieved. Other countries such as Romania and Ukraine
are moving to join the European Union.
This press release contains statements that may constitute
"forward-looking statements" within the meaning of the Securities
Act of 1933 and the Securities Exchange Act of 1934, as amended by the
Private Securities Litigation Reform Act of 1995. Those statements include
statements regarding the intent, belief or current expectations of Aurora
Precious Metals Inc. and members of its management as well as the assumptions
on which such statements are based. Prospective investors are cautioned
that any such forward-looking statements are not guarantees of future
performance and involve risks and uncertainties, and that actual results
may differ materially from those contemplated by such forward-looking
statements. Important factors currently known to management that could
cause actual results to differ materially from those in forward-statements
include fluctuation of operating results, the ability to compete successfully
and the ability to complete before-mentioned transactions. The company
undertakes no obligation to update or revise forward-looking statements
to reflect changed assumptions, the occurrence of unanticipated events
or changes to future operating results.
For
further information, contact Walter Stunder, company president, at 604/685-1527.
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