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United Resource Holdings Group,Inc. Receives Notification of Consolidated Financial Statements for the yearsended December 31, 2012 and 2011 and inception to December 31, 2012
United Resource Holdings Group, Inc. (?URHG?), a Nevadacorporation headquartered in Reno, Nevada, announced today the completion ofthe audit process and the issuance of audited consolidated financial statementsfor 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 accountingfirm with the Public Company Accounting Oversight Board (?PCAOB?) that theaudit of URHG and its then-existing subsidiaries has been completed and an IndependentAuditor?s Report has been issued. This supplemental report can be reviewed onthe OTCPK website http://www.otcmarkets.com/ in the financial section for URHG. The audited financial statements for URHGdescribed herein include URHG?s acquisition of United Milling & RefiningCorp.
The financial statements for the fiscal year ending on December31, 2013 are currently being prepared by the URHG?s internal accountant,Ingenium Accounting Associates (a PCAOB & Canadian Public Accounting Board registeredfirm) and upon completion of this review, these financial statement will besubsequently submitted to Haynie for audit.
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URHG?s majority owned subsidiary United Milling and Refining Corp.continues to process head ore from the historic Olinghouse Mining District atthe processing/milling facility near Reno, NV. Dun Glen Mining Corp. (?Dun Glen?), a wholly owned subsidiary of URHGhas all permits in place for mining at the Dun Glen Placer Mine near Winnemucca,NV. Dun Glen has just began seismictesting and bulk sampling with the on-site geologist Michael J. Skopos todetermine the best areas for the recovery of gold and noble metals.
About United ResourceHoldings Group, Inc.:
United Resource HoldingsGroup, Inc. is a U.S.-based natural resource exploration and developmentcompany, focused on the acquisition of mining equipment and the development ofgold and other precious commodity projects that demonstrate a reasonableprobability for near term production. Inaddition, the company operates a beneficiation process plant that recovers preciousmetals from mineral ores and ore concentrates on behalf of its captive miningproperties and on behalf of third party mining companies. The company is quoted on the OTCPK under thesymbol ?URHG?.
This news release may contain"forward-looking statements", as that term is defined in Section 27Aof the United States Securities Act of 1933 and Section 21E of the SecuritiesExchange Act of 1934. Statements in this press release that are not purelyhistorical are forward-looking statements and include any statements regardingbeliefs, plans, expectations or intentions regarding the future, including butnot limited to, the accomplishment of any of our plans listed for 2012such as any acquisitions, geophysics, production, construction projects,drilling programs or results from such programs, and the timelines within whichsuch items may be accomplished, as referred to in this news release.
Actual results coulddiffer from those projected in any forward-looking statements due to numerousfactors. Such factors include, among others, the inherent uncertaintiesassociated with mineral exploration, development, and production. We are not incontrol 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 toupdate the reasons why actual results could differ from those projected in theforward-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 intentionswill prove to be accurate. Investors should consult all of the information setforth herein and that which is made publicly available by us from time to time.
Contact:
Mark A. Kersey
(775) 851-4700
