AURI Announces New CEO and New Business Direction
Rhea-AI Summary
Auri (OTCPK:AURI) announced leadership changes and a new business structure. Edward V. Vakser remains CEO and Chairman of AURI, while Bon Haldar resigns as AURI Interim CEO and continues as BDGR Interim CEO. AURI will release Black Dragon Resource Company (BDGR) from subsidiary status, with BDGR focusing on potential uplisting and merger talks with companies and SPACs. Frac sand and Triumph Energy Services assets stay in BDGR, while Michelangelo art tokens, gold mine, and other assets remain with AURI. Anthony Saviano becomes BDGR Chairman, and Edward V. Vakser steps down as BDGR Chairman and Secretary.
Positive
- Vakser retained as AURI CEO and Chairman, signaling leadership continuity
- Black Dragon released from AURI subsidiary status to pursue uplisting and merger talks
- Key operating assets like frac sand and Triumph Energy Services concentrated within BDGR
- AURI retains Michelangelo art tokens, gold mine, and other assets
- Experienced consultant Anthony Saviano appointed as BDGR Chairman of the Board
Negative
- Multiple leadership transitions may introduce short-term execution uncertainty
- BDGR uplisting and merger discussions remain subject to completion and external agreements
AI-generated analysis. How Rhea-AI works. Not financial advice.
DALLAS, TX / ACCESS Newswire / June 8, 2026 / (OTCPK:AURI) - Auri Inc. ("AURI"), a diversified holding company focused on energy, infrastructure, and scalable real-world opportunities, is pleased to provide an update on its ongoing strategic initiatives and leadership transition.
AURI will retain Edward V. Vakser as CEO and Chairman of AURI. We are pleased to have him back.
Bon Haldar will resign as Interim CEO. There was no conflict between Bon Haldar and the company.
Auri Inc., (AURI) Black Dragon Resource Company (BDGR) will change direction from the press release dated 2 June, 2026.
These changes will allow Black Dragon Resource Company to focus on uplisting onto a higher market as we are in talks with several companies and SPACs in which to facilitate a merger.
The Frac Sand property within Black Dragon and the trucking company, Triumph Energy Services in which BDGR is negotiating for its acquisition, will remain in BDGR. AURI will release Black Dragon from its subsidiary status.
Also, the Tokens that are held for the Michelangelo Art replication and the Gold Mine all other assets will remain in AURI.
There is also an announcement regarding officers and directors.
Bon Haldar will remain the Interim CEO of BDGR.
Anthony Saviano will be joining us and will take the position of Chairman of the Board.
About Anthony Saviano. Anthony Saviano has consulted public companies on compliance and non-dilutive practices. Mr. Saviano has owned Oil and Gas companies, real estate companies and has run a small fund for several years.
" I am pleased to take this position as I look forward to directing BDGR onto a higher market and helping it grow. I see a lot of potential here for the shareholders, old and new as we grow this company in a proper fashion utilizing the tools at my disposal to earn and create value for the shareholders of Black Dragon Resource Company."
Edward V. Vakser will step down as Chairman and Secretary of BDGR. We thank Edward for his service to our company and wish him the best in his future endeavors.
Forward-Looking Statements:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of
marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.
Safe Harbor Statement:
This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate", "project", "intend", "forecast", "anticipate", "plan", "planning", "expect", "believe", "will likely", "should", "could", "would", "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, and domestic or global economic conditions -- activities of competitors and the presence of new or additional competition and conditions of equity markets.
Contact:
Anthony Saviano
# 312-613-4564
SOURCE: Auri, Inc.
View the original press release on ACCESS Newswire