AURELIO COMPLETES NON-BROKERED EQUITY FINANCING WITH EUROPEAN
INSTITUTIONAL INVESTORS
LITTLETON, COLORADO, February 25, 2008 News Release #08-04
Aurelio Resource
Corporation (OTCBB : AULO, Frankfurt : F3RA)
is pleased to announce that the Company has entered into a USD$1,000,000
equity financing agreement with European institutional investors
(“the Investors”). The Company will issue 3,333,334 Units, with
each Unit equal to one common share and one warrant; each warrant permits the
holder to purchase one additional common share at $0.50/share for five years.
The
parties intend that this financing will be the first tranche in a long-term
strategic alliance between the Company and the Investors. The Company
intends to focus on exploring and developing the wholly-owned Hill Copper-Zinc Project
in Arizona,
while the Investors have indicated a willingness to lead efforts to fund these
work programs and general working capital requirements. The Company and
the Investors are in discussions concerning the terms of such a strategic
alliance.
The
parties believe that an alliance of the mining expertise of the Company’s
management and the financial expertise and funding capacity of the Investors
will prove to be a valuable long-term strategic alliance, allowing
Company’s management to focus on the development needs of its
projects. The faith of the Investors in the proposed strategic alliance
is also based on an independent assessment of the Company’s precious and
base metal assets.
No
fees or commissions are payable in regards to this financing.
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
Contacts:
Stephen Doppler Diane
Dudley
President & CEO Investor
Relations
303-795-3030 303-945-7273
(direct)
800-803-1371 303-945-7270
(fax)
For additional
information, please visit our website (www.AurelioResource.com)
and/or send an email to DianeD@AurelioResource.com..
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; the establishment of a strategic alliance and future
financings.
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-KSB and Form 10-QSB
filed with the Securities and Exchange Commission.
Regards,
Diane G. Dudley
Investor Relations
Aurelio Resource
Corporation
Direct Line: 303-945-7273
Toll Free: 1-800-803-1371
Email: dianed@aurelioresource.com
stock traded as AULO
on Over the Counter Bulletin Board (OTCBB)
Web site: www.aurelioresource.com