Company Statement: 14 January 2009.

Veritas Resources CR SA has initiated a criminal lawsuit against Mr. Nester Chamorro, the controlling shareholder of AURO MAGRA, SOCIEDAD ANONIMA under file number 09-206961-431-PE in the courts of Puntarenas, Costa Rica. Details of said action (in Spanish) are posted to the Document section of this website. Key points of this criminal procedure are; Illegal termination of contract, Misappropriation and undue Retention, sanctioned in the numbers 225 and 223 of the Criminal Code.

Veritas Resources anticipates taking such further criminal and civil actions against Mr. Chamorro personally, AURO MARGA, SOCIEDAD ANONIMA and its shareholders as may be recommended by its legal counsel. The Company will update this posting from time to time as necessary. The Company has and is continuing to take aggressive measures to recover its capital investment and equipment loaned to the project and will seek appropriate damages.

See: “Document Page” for transcript of action and “Corporate News” 6 November.