Thursday, June 12, 2008

Aultra Gold Inc. Announces Corporate Actions to Secure First Round of Financing

The process of acquiring funds to move forward on their gold projects has been announced by Aultra Gold Inc. Negotiations have begun and the Company hopes to be able to announce the completion of this funding within the next 45 days. Initial funding could be within two weeks. Aultra Gold, Inc. is committed to the exploration, acquisition, development, and mining of gold, other precious metals mineral properties. Aultra Gold also conducts minerals development, including exploration, evaluation and development drilling, feasibility studies and ultimately, permitting, construction, and operation of gold and other mining properties. The company is seeking to obtain financing not only of the projects already discovered but is also very actively working on acquisition and merger opportunities to continue the growth and diversification of Aultra Gold."We are acquiring properties that allow cost effective evaluation and development, with potential for strong cash flow. Our strategy is to raise the capital to acquire and advance potentially large gold properties such as Jungo and Basin Gulch, which we already control, and to acquire and discover additional high quality properties. Advancing these large properties will strengthen our shareholder base, and accordingly, shareholder value," stated Rauno Perttu, President of Aultra Gold Incorporated. The Basin Gulch, Montana Property was discovered by AGDI's chief geologist. This property has drilled and projected open-ended mineralization in excess of 2.45 million ounces. Aultra Gold, Inc. plans to expand and mine high-grade zones and to explore untested large-scale underground targets. The Jungo Property was introduced to Aultra Gold by a local mining engineer, William Hansen.Discover what rising gold prices can mean to you. gather your unwanted gold, scrap gold and broken gold jewelry and send it to us. Our refiners pay you the most for your gold.

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