Important Investor Notice
November 4, 2008
Message from the management of York-Rio Resources Ltd. (York-Rio)
As a result of an investigation of the Ontario Securities Commission (OSC) into the
trading of securities of Brilliante Brasilcan Resources Corp., on October 21, 2008, the
OSC imposed a temporary cease trade order under sections 127(1) and 127(5) of the
Ontario Securities Act requiring, among other things, that York-Rio cease trading in all
securities. The order prohibits York-Rio from engaging in a range of activities that
would fall under the definition of “trade” or “trading” under the Ontario Securities Act,
including issuing new securities of York-Rio, and engaging in activities in furtherance of
a sale or other disposition of securities. The order does not have any direct impact on
those activities of York-Rio that are not related to trading in securities.
As of the date of this message, York-Rio has not been charged with any securities or
other offences. Management of York-Rio has answered the OSC's requests for
information and is currently working hard to achieve a timely resolution of this matter.
We will endeavour to keep you informed of any new developments through postings on
our websites, at www.yorkrio.com and www.yrresources.com. On behalf of York-Rio,
please know that we value your continued support and patience.
Welcome to York-Rio Resources
York-Rio Resources Inc. (York-Rio) is a Canadian mining company that specializes in the supply of diamonds, with a focus on locating and developing mineral projects worldwide. York-Rio was incorporated in the province of Ontario on May 10th, 2004 for the acquisition, financing and development of mining property in Brazil. York-Rio has secured its first project in the states of Goias and Minas Gerais.
In July 2004, York-Rio purchased 90% ownership of Nova Mineração Limitada, which owns the mineral rights to the claim in both states and further obtained an "Exploration License".
During the period up to August 2005 York-Rio increased its business acumen in Brazil with increased professional representation in Coromandel and Brasilia. Since York-Rio has always had no other business commitments, we have been able to focus solely upon succeeding in Brazil for the benefit of our investors and the citizens of Coromandel, Brazil.
YRR has expanded its Brazilian diamond mining interest towards a joint venture with Coronto Mineracao Ltda and holds two options for properties neighbouring the project.
Both companies will have representation at the Exposibram 2009 in November in the Amazonia state.
Exploration has resulted in an inventory of gold of approx 88 ounces to date.
Recovery has included Brazilian pink diamonds. YRR continues to be debt free and continues in all avenues to benefit the company and investors.
As a private company we have continued to report all registered investors to the applicable Canadian Securities Commissions and paid all filing fees.
As always, we have emphasized the importance of having investors that are accredited and accordingly have asked all investors to acknowledge their understanding of the term “accredited” upon any initial discussions and by way of subscriptions.
YYR focus is to advance the company in the competitive arena of diamond exploration.
Our alluvial project is aimed at the recovery of gem quality cutable goods and our years of experience in Brazil together with a great deal of patience are immeasurable in achieving that goal.
The Jan 2009 contract with a Surat, India diamond cutting firm will proceed after careful consideration to doing business with an Israeli firm.
YRR is awaiting the issuance of a Kimberley Certificate to allow export of a current production parcel for sale.
Click here to read "Natural Fancy Coloured Diamonds" from resourceworld.com.
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