Aurelian Update on Kinross Offer; Kinross Now Owns 74.8% of Outstanding Shares

About this update from Tesoro Minerals Corp.

[{"type":"text","content":"\n\n\n\nTrading Symbol TSX:ARU\n\n\nTORONTO, Sept. 4 /CNW/ - Aurelian Resources Inc. (TSX:ARU) today\nannounced that per Kinross' press release earlier this morning, Aurelian\nshareholders have deposited 108,524,181 Aurelian common shares to the\npreviously announced Kinross offer. Kinross now owns a total of 123,524,181\ncommon shares of Aurelian. At the time of the close of the offer, this\nrepresented approximately 74.8% of Aurelian's issued and outstanding common\nshares on a fully-diluted basis. However, following completion of the exchange\nof the outstanding Aurelian employee stock options for replacement Kinross\nstock options in the manner contemplated by the terms of the Kinross offer, a\nprocess that is expected to be completed shortly, this will represent\napproximately 80.8% of the issued and outstanding common shares on a\nfully-diluted basis.\n\n\nKinross has extended its offer to 6 p.m. (Toronto time) on September 15,\n2008 to allow Aurelian shareholders that have not yet tendered their shares to\ndeposit their shares to the offer. For further details please see the Kinross\npress release at www.kinross.com.\n\n\nAbout Aurelian\n\n\nAurelian Resources Inc. is a publicly-listed (TSX:ARU) company engaged in\nexploring, discovering and developing mineral wealth in Ecuador. The Fruta del\nNorte (FDN) discovery lies at the heart of the Condor Project, located in\nsouth-eastern Ecuador. The initial Inferred Mineral Resource for FDN was\nreleased in October 2007 and included 58.9 million tonnes grading 7.23 g/t\ngold and 11.8 g/t silver for 13.7 million ounces of contained gold and 22.4\nmillion ounces of contained silver (Report titled "A Mineral Resource Estimate\nfor the Fruta del Norte Deposit, Cordillera del Condor Project,\nZamora-Chinchipe Province, Ecuador" and dated November 15, 2007 filed on\nwww.sedar.com). Visit www.aurelian.ca for more information.\n\n\nForward Looking Statement\n\n\nSome of the statements contained herein may be forward-looking statements\nwhich involve known and unknown risks and uncertainties. Without limitation,\nstatements regarding future political events, potential mineralization,\nmetallurgy and resources, exploration results, and future plans and objectives\nof the Company are forward looking statements that involve various degrees of\nrisk and may not be within the contr...

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