Bullboard - Stock Discussion Forum Auri Inc AURI

Consumer Cyclical Footwear & Accessories

Auri, Inc. is a holding company. The Company owns Evap Inc., and is affiliated with Black Dragon Inc., (BDGR) and Legacy Art Group LLC. The Company is involved in various multi-faceted development deals, including oil and gas, art and entertainment sponsored product sales. It has launched its own tokens and crypto. It has also licensed its art inventory at nft/blackdracos.com. Its subsidiary... see more

Add To Watchlist

OTCPK:AURI - Post Discussion

Auri Inc > AURI Inc Chairman joins Invest Capital development group...

View:

Post by AveragePenny on Jul 18, 2024 7:49am

AURI Inc Chairman joins Invest Capital development group...

DALLAS, TX – July 18th, 2024. Auri Inc. (OTCPK: AURI) (the Company) Today the company is excited to announce additional developments in its Oil/Gas and Silica Quartz project.

The company has several interests in Oil and Gas projects. Silica Quartz Sand and other ancillary projects are being explored as the company participates in developing relationships with related parties and opportunities with its wholly owned subsidiaries. https://aurinetwork.com

Invest Capital RV SRL is a Moldovan registered corporation formed between the principles of Hermesprom and Mining Capital AIC/AIC Capital for the purposes of initializing one of the largest deposits of High Purity Quartz Sand in Europe. Having very low trace metal contents it has been confirmed as one of the purest deposits found in the World. Through extensive testing by Sibelco, one of the leaders in the field of HPQS, the deposit in Moldova has been determined to be ideally suited for use as a feedstock for Solar Glass and Photovoltaic components as it can be easily refined to IOTA 8 standards. The management is a dedicated group of mining professionals with decades of experience in the Sand Mining and Refining industry. Total reserves have been confirmed by the Moldovan Ministry
of Subsoil Administration to be 23.4M MT, and the site for the proposed Sand Refinery is located less than 3 km from the mine site.

“Several years ago, we were involved with projects in Moldova. The company’s consultants and I have a strong belief in this opportunity to increase shareholders value for Auri Inc. The project was paused
due to several economic and political factors, mostly due to war between Russia and Ukraine. Today, we are able to participate in this unique opportunity again, as political unrest and war are no longer a factor for that region.” Explained Edward Vakser, Chairman/CEO.

The company will announce the progress and its participation with this and other mining developments to add and enhance its investment portfolio. https://aurinetwork.com

https://www.otcmarkets.com/otcapi/company/dns/news/document/75997/content