RENO, Nev.--(EON: Enhanced Online News)--United Resource Holdings Group, Inc. (“URHG”) (Pink Sheets:URHG) announced today that the Audit Committee of its Board of Directors has engaged Haynie & Associates (“Haynie”), Certified Public Accountants as the Company’s independent auditors. Haynie will commence work immediately to audit the Company’s consolidated financial statements for the fiscal year ending December 2012, and will also review the Company’s condensed consolidated financial statements for the first and second quarter of 2013. This engagement of Haynie was made after an extensive evaluation process by the Company’s Audit Committee.
Haynie is a registered accounting firm with the Public Company Accounting Oversight Board, and has been retained by URHG to perform the financial services necessary for URHG to meet the U.S. Securities and Exchange Commission compliance, reporting and internal controls requirements for audited financial reports as they may arise.
“We are very pleased to have engaged Haynie to serve as the Company’s independent auditor. They will begin work immediately to audit the December 31, 2012 consolidated financial statement. Investors should rest assured that the Company will be working to assist Haynie in any way necessary to facilitate their work, and Haynie has reassured us that they will diligently audit the December 31, 2012 consolidated financial statement as soon as possible,” said the Chairman of the Company’s Audit Committee Charles Mahoney.
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, mineral-bearing materials, and the development of gold and other precious commodity projects that demonstrate a reasonable probability for near-term production and revenue. In addition, the company holds a controlling interest in 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.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the 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.