auratio AG / Joint Venture/Acquisition 29.09.2008 Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- The management of Auratio AG has to announce that a Russian precious metals mining company in Akabane in Khakassia (Central Siberia) has offered a participation of Auratio AG that now is in an initial due diligence phase. The Russian gold market is basically regarded as profitable by Auratio AG, as Russia is currently the second largest precious metals producer in the world. Until a few years ago all mining companies were state-run. A privatization in this kind of business was significantly slower than for other commodities. The infrastructure, such as machinery and other heavy equipment is in good condition and fully available. Roads and transport routes in this area are well developed. Well-trained and motivated staff is sufficiently available. By an investment of Auratio AG the Russian mining company hopes to make use of synergies and wants to get access to potential investors in Western Europe and to increase the optimization of the previous operating results. Furthermore, a new mining project will be explored and, after reporting due to NI 43-101, financed and brought into production. Therefore the know-how of the other existing investments of Auratio AG will be used in regard to the application of environmentally friendly methods for extracting precious metals in the existing and future projects in Russia. An engagement in Russia may, referring to the initial due diligence by the management of Auratio AG and due to the internal forecasts concerning the availability of the precious metals, the expenditures and costs for the preparation and the production, show a scenario of a very profitable investment. About AURATIO AG: The Swiss company is a partnership enterprise focussing on partnerships in the field of precious metal exploration and production, in particular in the gold and silver segment, as well as on companies that develop and produce technical equipment for the mining industry. More information is available unter www.auratio.ch. Pleace note/Riskadvice/Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forwardlooking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to commencement of the mining and production, concentration in mineral deposits, delays in testing and evaluation of ore samples, the inherent uncertainty of cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, the inability or failure to obtain adequate financing on a timely basis and other risks and uncertainties. Such information contained herein represents management's best judgement as of the date hereof, based on information currently available. On behalf of the management Dr. Ingo Keller Chairman of the Board DGAP 29.09.2008 ---------------------------------------------------------------------------
DGAP-News: auratio AG receives investment opportunity in Russian Gold Mining Company
| Source: EQS Group AG