Aurelian Resources Advised of Legal Action Considers Warrant Action to be Without Merit

From: CCNMatthews Newswire | Date: March 28, 2007 | Copyright information

TORONTO, ONTARIO--(CCNMatthews - March 28, 2007) - Aurelian Resources Inc. ("Aurelian") (TSX:ARU) announces that Van Eck Associates Corporation and Van Eck Funds International Investors Gold Fund (collectively, the "Plaintiffs") have caused a Statement of Claim (the "Claim") to be issued in the Ontario Superior Court of Justice naming Aurelian as defendant.

The Claim relates to certain common share purchase warrants (the "Warrants") issued by Aurelian on June 6, 2003 as part of a private of 6,000,000 units at $0.50 per unit for gross proceeds of $3,000,000. Each unit was comprised of one ...

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