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Share Name | Share Symbol | Market | Type |
---|---|---|---|
United Resources Holdings Group Inc (CE) | USOTC:URHG | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0.0001 | 0.00 | 00:00:00 |
United Resource Holdings Group, Inc. (“URHG”) (Pink Sheets: URHG), a Nevada corporation headquartered in Reno, Nev., announced today the completion of the audit process and the issuance of audited consolidated financial statements for the years ended December 31, 2012 and 2011 and inception to December 31, 2012 with URHG’s auditor, Haynie & Company (“Haynie”).
URHG received notification from Haynie, a registered accounting firm with the Public Company Accounting Oversight Board (“PCAOB”) that the audit of URHG and its then-existing subsidiaries has been completed and an Independent Auditor’s Report has been issued. This supplemental report can be reviewed on the OTCPK website http://www.otcmarkets.com/ in the financial section for URHG. The audited financial statements for URHG described herein include URHG’s acquisition of United Milling & Refining Corp.
The financial statements for the fiscal year ending on December 31, 2013 are currently being prepared by the URHG’s internal accountant, Ingenium Accounting Associates (a PCAOB & Canadian Public Accounting Board registered firm), and upon completion of this review, these financial statement will be subsequently submitted to Haynie for audit.
URHG’s majority owned subsidiary United Milling and Refining Corp. continues to process head ore from the historic Olinghouse Mining District at the processing/milling facility near Reno, Nev. Dun Glen Mining Corp. (“Dun Glen”), a wholly owned subsidiary of URHG, has all permits in place for mining at the Dun Glen Placer Mine near Winnemucca, Nev. Dun Glen has just began seismic testing and bulk sampling with the on-site geologist Michael J. Skopos to determine the best areas for the recovery of gold and noble metals.
About United Resource Holdings Group, Inc.:
United Resource Holdings Group, Inc. is a U.S.-based natural resource exploration and development company, focused on the acquisition of mining equipment and the development of gold and other precious commodity projects that demonstrate a reasonable probability for near-term production. In addition, the company operates a beneficiation process plant that recovers precious metals from mineral ores and ore concentrates on behalf of its captive mining properties and on behalf of third party mining companies. The company is quoted on the OTCPK under the symbol “URHG”.
Notice Regarding Forward-Looking Statements:
This news release may contain "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, the accomplishment of any of our plans listed for 2012 such as any acquisitions, geophysics, production, construction projects, drilling programs or results from such programs, and the timelines within which such items may be accomplished, as referred to in this news release.
Inherent uncertainties associated with mineral exploration, development and production. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and that which is made publicly available by us from time to time.
United Resource Holdings Group, Inc.Mark A. Kersey, 775-851-4700
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