AURELIO STRENGTHENS BOARD OF DIRECTORS
LITTLETON, COLORADO, April 21, 2008 News Release #08-10a
Aurelio
Resource Corporation (OTCBB
: AULO, Frankfurt
: 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 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 EMEA and 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
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..
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.
Regards,
Diane G. Dudley | Investor
Relations
Aurelio Resource
Corporation
5554 S. Prince Street, Suite 200 | Littleton, CO
80120
Direct Line: 303-945-7273 | Fax:
303-945-7270 |
Toll Free: 1-800-803-1371
Email: dianed@aurelioresource.com | Web
site: www.aurelioresource.com
stock traded as AULO on
Over the Counter Bulletin Board (OTCBB)