PCAOB Consolidated Audit Report for Year Ending 2012 2011 and Inception to Year Ending 2012
Jan 30, 2014
OTC Disclosure News Service
United Resource Holdings Group,
Inc. Receives Notification of Consolidated Financial Statements for the years
ended December 31, 2012 and 2011 and inception to December 31, 2012
United Resource Holdings Group, Inc. (?URHG?), a Nevada
corporation headquartered in Reno, Nevada, 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
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 audi
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, NV.
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,
NV. 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
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.
Mark A. Kersey
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.