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In many cases, the end of the year gives you time to step back and take stock of the last 12 months. This is when many of us take a hard look at what worked and what did not, complete performance reviews, and formulate plans for the coming year. For me, it is all of those things plus a time when I u...
Concerned Shareholder of Auro Resources Corp. Receives Support From ISS Proxy Advisory Services

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/23/12 -- Shareholders of Auro Resources Corp. (the "Company"), please take notice that:

ISS Proxy Advisory Services, a leading independent international corporate governance analysis and proxy advisory firm, has issued a report recommending that its clients vote the GREEN proxy for the Dissident Nominees for the board of directors of the Company at the annual general and special meeting of shareholders of the Company to be held on January 3, 2013 (the AGM). The ISS report is used by institutional investors in Canada and the U.S. to assist them in making their proxy voting decisions.

In making its recommendation, ISS considered whether David Elliott, the Concerned Shareholder, made a compelling case that the change in management is warranted. ISS reviewed the information provided in the information circular (the Dissidents Information Circular) filed by the Concerned Shareholder on December 20, 2012. Copies of the Dissidents Information Circular have been mailed to shareholders and are available online at under the Company's profile, or by contacting Laurel Hill Advisory Group.

In recommending that its clients vote FOR the Dissident Nominees on the GREEN proxy, ISS cited, among other things, the following reasons for their recommendation:

--  The Company's Total Shareholder Return significantly underperformed the
    TSX Venture Composite Index over the previous 1, 3 and 5-year periods,
    falling by 75%, 85.3% and 93.8%, respectively;

--  The current board clearly lacks independent oversight, which raises
    concerns about self-dealing of current directors as evidenced by
    dissident allegations against current management;

--  The proposed new board comprising the Dissident Nominees will be wholly

--  Only one management nominee appears to have relevant experience in the
    mining sector;

--  Three of the Dissident Nominees appear to have sophisticated experiences
    in mining, which will be expected to add competent technical expertise
    to the board, and which will be beneficial in helping build a new
    strategy to turn the Company around; and 

--  Dissident Director Cyrus Driver is a Chartered Accountant who is
    expected to bring more competent oversight to the Company's audit

The Concerned Shareholder appreciates the recommendation of ISS and encourages the shareholders of Auro Resources to vote their GREEN proxy prior to December 28, 2012 at 5:00pm Pacific Time. You may support the Concerned Shareholder in this way even if you have already completed and signed a white proxy distributed to you by management of the Company. YOU MAY CHANGE YOUR VOTE BY SUBMITTING A GREEN PROXY WITH A LATER DATE. A LATER DATED GREEN PROXY AUTOMATICALLY REVOKES ANY EARLIER PROXY. If you have any questions or need assistance in voting your shares please contact the Concerned Shareholder's proxy solicitation agent, Laurel Hill Advisory Group 1-877-452-7184, collect 416 304-0211 email:

David Elliott, Concerned Shareholder

Laurel Hill Advisory Group
North American Toll Free: 1-877-452-7184
Banks, Brokers or Collect Calls: 1-416-304-0211

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