Latest Aurelio Resource Corporation Stories

2008-10-06 06:00:29

Aurelio Resource Corporation (OTCBB: AULO)(Frankfurt: F3RA) is pleased to report that it has repaid in full the $1.5 million aggregate principal amount of the 10% Convertible Debentures issued in February 2008 (the "Debentures") and due in June 2009. Repayment of the Debentures was made in cash at face value plus all accrued and unpaid interest, and was made in accordance with the terms of the Debentures. During the term of the Debentures, the Debenture Holders received 10% annual...

2008-09-16 06:00:21

Aurelio Resource Corporation (OTCBB: AULO)(FWB: F3RA) announced today that it has entered into a non-binding term sheet with a private equity fund ("Fund") to sell its Hill Copper/Zinc project in Arizona and to finance continuing exploration work at its Mexican Gavilanes project. If the transaction is consummated as currently contemplated (as to which no assurance can be given), the transaction would result in the Company selling its Arizona subsidiary, Bolsa Resources, Inc., to the Fund...

Word of the Day
  • Like a worm in form or movement; vermiform; tortuous or sinuous; also, writhing or wriggling.
  • Like the track or trace of a worm; appearing as if worm-eaten; vermiculate.
  • Marked with fine, close-set, wavy or tortuous lines of color; vermiculated.
  • A form of rusticated masonry which is so wrought as to appear thickly indented with worm-tracks.
This word ultimately comes from the Latin 'vermis,' worm.