DGAP-News: Basic Resources AG prepares the listing of Auris AG
(firmenpresse) - DGAP-News: Basic Resources AG / Key word(s): IPO
Basic Resources AG prepares the listing of Auris AG
08.02.2011 / 10:32
---------------------------------------------------------------------
Basic Resources AG (former Yalta AG) has signed through the 100 %-owned
subsidiary YALTA advisory GmbH a comprehensive consultancy contract with
the Auris AG Basel (Switzerland), which includes advice on an IPO in
Frankfurt Open Market. This includes the preparation of a prospectus and
coordination with relevant partners, as well as the selection of an
accompaned banking partner. The BaFin-compliant securities propect is in
the review process at BaFin at the moment.
About Auris AG
Auris AG, Switzerland, is a holding company, which is specialized in the
development of gold deposits. Through the 100 %-owned subsidiary Auris
Congo SPRL extensive licenses are held in the major gold belt in the
northeastern Democratic Republic of Congo (DRC). This area is considered by
geologists as one of the world's last great gold belt. Although gold
prospectors and small companies obtained in this area for generations, but
only through the exploration license areas of Moto Gold Mines Ltd. the
geological model of this region was understand. Moto Gold Mines Ltd. has
discovered a deposit of at least 22 million ounces of gold. The company was
accepted in the 1st Mid-year 2009 by a consortium of Anglo Gold Ltd. and
Randgold Resources Ltd. A run of exploration licenses began in this new
gold belt after that.
Auris has 10 consecutive blocks of licenses with a total of 3247 km2
(=324.700 ha) in this gold belt, which are known as the Pangoy area.
Numerous gold deposits are on the license area of Auris AG. This area is
currently being investigated systematically in order to define the extent
of the deposits.
About Basic Resources AG
Basic Resources AG, Frankfurt am Main, and ist service-oriented subsidiary
YALTA advisory GmbH, advise small- and mid-cap enterprises from the
resources sector and related industries in regard to financeing issues,
capital market consulting, corporate structuring, M&A transactions and
corporate communications. In addition Basic Resources AG bases on a
worldwide network of industry experts, who are drawn as needed for
individual projects ad hoc.
Frankfurt am Main, 07th February 2011
The Board
Disclaimer:
This document was prepared by Basic Resources AG. The opinions stated
herein are those of Basic Resources AG at the time of publication and are
subject to change at any time. The document is only for the purpose of
information and use by its recipient. It is neither an offer nor an
invitation to purchase or sell Basic Resources AG shares. A reference to
the performance of the past shall not be understood as an indication of
future developments. The information and analysis contained in this
publication have been compiled from sources that are deemed to be reliable.
However, Basic Resources AG gives no guarantee with regard to their
reliability and completeness and rejects any claim for damages that may be
the result of use of this information.
End of Corporate News
---------------------------------------------------------------------
08.02.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
111415 08.02.2011
Datum: 08.02.2011 - 10:32 Uhr
Sprache: Deutsch
News-ID 33159
Anzahl Zeichen: 0
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 216 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: Basic Resources AG prepares the listing of Auris AG"
steht unter der journalistisch-redaktionellen Verantwortung von
Basic Resources AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
