Aurora Energy Resources Inc.

Aurora Energy Resources Inc. is involved in the acquisition, exploration and development of uranium properties located in Newfoundland and Labrador, Canada. As of March 31, 2008, the Company had not determined whether these properties contain resources that are economically recoverable. During the year ended December 31, 2007, the Company completed a single project uranium exploration program and continued concurrent engineering and environment studies at its Michelin and Jacques Lake uranium deposits. In January 2008, it commenced a 20,000-meter winter drill program focused on in-fill and geotechnical drilling. 
 
    

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Australia Market Report of September 16: Lehman's Collapse Trigger Big Falls

🕔9/16/2008 1:00:50 PM 10169

Wall St closed down over 4% overnight as the US investment bank Lehman Brothers filing for bankruptcy. Yesterday, with rumours surrounding Lehman Brothers yet to be confirmed, the Australian share market finished down over 1.5 per cent. Analysts expect the Australian dollar may fall even further today with negative lead from Lehman Brothers demise and the fire sale of Merrill Lynch.

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