Aura Minerals Announces the Appointment of Tom Ogryzlo as Interim CEO
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/06/11 -- Aura Minerals Inc. ('Aura Minerals' or the 'Company') (TSX: ORA) wishes to announce the appointment of Mr. Tom Ogryzlo, an independent director of the Company, as interim Chief Executive Officer, effective June 6, 2011. Mr. Ogryzlo has extensive experience in the mining and engineering industries and has served as President of several different companies including Kilborn Engineering and Kilborn SNC-Lavalin. Mr. Ogryzlo recently retired as Vice-President Latin America of Ram Power Corporation and was founder and CEO of Polaris Energy Corp., Ram Power Corporation main subsidiary, which is building a $410 million, 72 MW geothermal power project in Nicaragua. Mr. Ogryzlo has been President of both producing precious and base metal mining companies and has served on the boards of many well known TSX listed companies. He currently serves on the boards of Baja Mining Corp. and Vista Gold Corp.
Further to the Company's release of March 25, 2011, Mr. Patrick Downey will be stepping down as interim CEO and a member of the Board of Directors effective June 6, 2011. The Board would like to thank Mr. Downey for his important contribution to the Company's growth and wishes him well in his future endeavours.
The Company continues to seek a permanent replacement for the position of President and CEO.
About Aura Minerals Inc.
Aura Minerals is a Canadian mid-tier gold production company focused on the acquisition, exploration, development and operation of gold and base metal projects in the Americas. The Company's producing assets include the San Andres gold mine in Honduras, the Sao Francisco and Sao Vicente gold mines in Brazil and the copper-gold-silver Aranzazu Mine in Zacatecas state in Mexico. Other significant assets include the feasibility-stage Serrote Deposit at the copper-gold-iron ore Arapiraca Project in Brazil.
For further information, please visit Aura Minerals' web site at www.auraminerals.com.
Cautionary Statement:
This news release contains forward-looking statements that are not historical facts. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements include those risks set out in Aura Minerals' public documents filed on SEDAR at www.sedar.com. Although Aura Minerals believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Aura Minerals disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
Contacts:
Aura Minerals Inc.
Patrick Mars
Chairman
(416) 828-5901
Aura Minerals Inc.
(604) 669-4777
(604) 696-0212 (FAX)
info@auraminerals.com
www.auraminerals.com