Aurelio Resource Corporation (OTCBB:AULO) (FWB:F3RA) is pleased to
announce that Frank W. Vermeulen and Stephan B. Roes have been
appointed to the Board of Directors.
Frank W. Vermeulen is currently:
-- a senior advisor to Credit Suisse Securities (Europe) Ltd, and
a member of its advisory board for Europe, the Middle East and
Africa, as well as a non-executive director of the Bank of
London & the Middle East, where he chairs the audit committee
and is also a member of the risk and nomination committees
-- Deputy Chairman of the Supervisory Board of LeasePlan
Corporation N.V. (Netherlands), a multi-national car leasing
and fleet management company and bank which is 50% owned by
Volkswagen, 25% by the Olayan Group and 25% by Mubadala
Development Co. (an investment arm of the Abu Dhabi
government), and
-- an advisor to Olayan Financing Company, an international
manufacturing and investment company.
Mr. Vermeulen´s experience includes:
-- approximately 15 years (most recently as CFO) with the with
Olayan Financing Company, one of the largest privately-owned
Saudi business groups
-- a 20+ year banking career (mostly with ABN AMBRO in North
America, Europe and the Middle East), and
-- senior positions in the area of corporate banking, capital
markets, structured finance, private banking and security
brokerage.
Stephan B. Roes experience includes:
-- Vice President Sales EMEAI Benelux with Global Custodian ABN
AMRO Mellon GSS
-- senior business consultant for Prime Fund Solutions at Fortis
Bank
-- setting up the New York office for Amicorp Group, where be was
responsible for the development of various trust and
administration services
-- setting up a new offshore fund administration company for
Amicorp Curacao, and
-- from 1991 to 1996, working for CITCO in Curacao, where he was
responsible for fund accounting, NAV calculations and
shareholders services for a group of institutional funds.
Aurelio´s Chairman of the Board, David Stafford Johnson, stated
that "We are honored to have these two experienced financial
professionals join our Board of Directors. Frank and Stephan bring a
wealth of international financial experience to Aurelio that will
greatly assist us in financing the fast-track exploration and
development of our Hill Copper-Zinc Project through feasibility and
into production."
About the Company
Aurelio Resource Corporation is a mineral exploration company
focused on fast-track development of its wholly-owned Hill Copper-Zinc
Project, which the Company believes contains a number of low-cost
bulk-tonnage, open-pit-mineable deposits close to surface containing
significant amounts of copper, zinc, silver and gold. The Company has
previously announced an independent estimate of the mineralized
material at the MAN Area of the Project totaling 63.8 million tons at
an average grade of 0.56% copper-equivalent. Aurelio has also acquired
the rights to explore, and an option to purchase, the Gavilanes gold
porphyry deposit in Durango, Mexico.
On behalf of the Board of Directors of Aurelio Resource
Corporation
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Contacts:
----------------
Stephen Doppler
Diane Dudley
President & CEO
Investor Relations
303-795-3030
303-945-7273 (direct)
800-803-1371
303-945-7270 (fax)
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For additional information, please visit our website
(www.AurelioResource.com) and/or send an email to
DianeD@AurelioResource.com.
Legal Notice Regarding Forward Looking Statements
Statements in this news release that are not historical are
forward-looking statements. Forward looking statements are statements
that are not historical facts and are generally, but not always
identified by the words "expects", "plans", "anticipates", "believes"
"intends", "estimates", "projects", "aims", "potential", "goal"
"objective", "prospective", and similar expressions, or that events or
conditions "will", "would", "may", "can", "could" or "should" occur.
Information inferred from the interpretation of drilling results and
information concerning mineral resource estimates may also be deemed
to be forward-looking statements, as it constitutes a prediction of
what might be found to be present when and if a project is actually
developed. Forward-looking statements in this news release include:
that our property contains a number of potentially low-cost
bulk-tonnage, open-pit-mineable deposits close to surface containing
significant amounts of copper, zinc, silver and gold.
It is important to note that the Company´s actual outcomes may
differ materially from those statements contained in this press
release. Factors which may delay or prevent these forward looking
statements from being realized include misinterpretation of data; that
we may not be able to keep our qualified personnel; that funds
expected to be received may not be; that our estimates of mineral
resources are inaccurate; uncertainties involved in the interpretation
of drilling results and other tests and the estimation of resources;
that we may not be able to get equipment or labor as we need it; that
we may not be able to raise sufficient funds to complete our intended
exploration, purchase, lease or option payments; that our applications
to drill may be denied; that weather, logistical problems or hazards
may prevent us from exploration; that analysis of data cannot be done
accurately and at depth; that results which we have found in any
particular location are not necessarily indicative of larger areas of
our property; and that despite encouraging data there may be no
commercially exploitable mineralization on our properties. Readers
should refer to the risk disclosures outlined in the Company´s
most-recent Form 10-K and Form 10-Q Reports filed with the Securities
and Exchange Commission.
