Aurania Announces Closing of First Tranche of Private Placement
Toronto, Ontario--(Newsfile Corp. - March 28, 2022) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") is pleased to announce that it has closed the first tranche (the "First Tranche") of its non-brokered private placement (the "Offering") of up to 2,142,857 units of the Company (the "Units") for gross proceeds of up to C$1,500,000, previously announced on February 28, 2022. An aggregate of 1,586,653 Units were sold under the First Tranche at a price of...
2022-03-28 6:34 PM EDT
Aurania Announces US$1.18M Loan
Toronto, Ontario--(Newsfile Corp. - March 18, 2022) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") announces that it has entered into a US$1,187,500 million loan (the "Loan") with Dr. Keith Barron, the Company's Chairman, CEO and largest shareholder (the "Lender"), pursuant to a promissory note issued by the Company to the Lender as of the date hereof (the "Note"). In accordance with the terms and conditions of the Note, the Loan is due and...
2022-03-18 5:01 PM EDT
Aurania Resets Corporate Strategy and Announces $1.5m Private Placement with Insider Participation
Toronto, Ontario--(Newsfile Corp. - February 28, 2022) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") announces that, following an internal review of its projects, target types and potential funding strategies, the Board has approved a corporate strategy that focuses its financial and human resources on the exploration of Aurania's core mineral concessions in Ecuador, specifically, epithermal gold and porphyry copper at the Company's Lost Cities - Cutucú Project in Ecuador, while exploring joint ventures...
2022-02-28 7:00 AM EST
Aurania Signs New Access Agreement and Provides Update on Operations
Toronto, Ontario--(Newsfile Corp. - February 15, 2022) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") announces that an important access agreement has been signed with the community of "Kim" at its Lost Cities-Cutucu project in southeastern Ecuador and provides an update on operations. The Company yesterday signed an access agreement with the community of "Kim", in the southern part of the block of concessions. This is the first time the Company has been...
2022-02-15 7:00 AM EST
Aurania Provides Update on Exploration at Awacha and Announces Appointment of Keith Barron as President
Toronto, Ontario--(Newsfile Corp. - January 28, 2022) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") provides an update on its exploration activities at the Awacha target area at its Lost Cities-Cutucu project in southeastern Ecuador. There appears to be a large porphyry body and possibly others at Awacha. The goal of field work here will be to define the porphyry targets in the area. Awacha is geographically isolated from communities and...
2022-01-28 1:54 PM EST
Aurania Resources Announces Departure of President and Director
Toronto, Ontario--(Newsfile Corp. - January 26, 2022) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") announces that Dr. Richard Spencer has resigned from the board of directors and has left the Company and is no longer President effective immediately. The Company thanks Dr. Spencer for his valuable contributions during his tenure as President and Director and wishes him great success in his future endeavors.About AuraniaAurania is a mineral exploration company engaged in the identification,...
2022-01-26 6:06 PM EST
Aurania Provides Update on Operations
Toronto, Ontario--(Newsfile Corp. - January 26, 2022) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") provides an update on its operations and announces a temporary suspension of most activities at its Lost Cities-Cutucu project in southeastern Ecuador as a result of recent COVID-19 guidelines. There are currently 9 active COVID cases among our personnel and our General Manager is in quarantine because a family member is infected. Ecuador is beginning to experience an...
2022-01-26 8:11 AM EST
Aurania Reports High-Grade Drill Intercept of 12% Zinc & 61g/t Gallium
Toronto, Ontario--(Newsfile Corp. - December 8, 2021) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") reports that drilling from hole 4 at Tiria-Shimpia returned a high-grade intercept of 12% zinc (approximately 273 pounds per metric tonne), 5 grams per tonne ("g/t") silver and 61g/t gallium over 2.0 metres. The drill intercept is from a 5.5-kilometre-long area of elevated metal values in soil - one of many such zones in the 22 kilometre-long, 3...
2021-12-08 7:00 AM EST
Aurania Provides Update on Drilling & Conference Call Details
Toronto, Ontario--(Newsfile Corp. - November 24, 2021) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") reports that drilling successfully intersected the targeted silver-zinc mineralized layer at Tiria-Shimpia in drill hole SH-004 and assays are awaited. Progress is also being made with exploration for sediment-hosted copper at the Tsenken target in the Company's Lost Cities - Cutucu Project area ("Project") in southeastern Ecuador. Copper has been intersected in several sedimentary layers and targets were refined...
2021-11-24 7:00 AM EST
Aurania Confirms Location of Next Holes to Be Drilled at Tiria-Shimpia Target Based on Positive Soil Sampling Results
Toronto, Ontario--(Newsfile Corp. - October 28, 2021) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") reports that soil sampling in the 22 kilometre-long Tiria-Shimpia silver-zinc target have highlighted an area of consistent silver and zinc enrichment in soil over a distance of 2.5 kilometres ("km") in the Company's Lost Cities - Cutucu Project area ("Project") in southeastern Ecuador. Drill platforms are being prepared for holes 4 and 5 to test for mineralization at...
2021-10-28 7:00 AM EDT
Aurania Resources Announces Closing of $2.26 Million Concurrent Private Placement
Toronto, Ontario--(Newsfile Corp. - October 21, 2021) - Aurania Resources Ltd. (TSXV: ARU) (FSE: 20Q) ("Aurania" or the "Company") announces that it has closed its non-brokered private placement (the "Private Placement") of units of the Company (the "Units"), which was conducted alongside the Company's overnight marketed offering that was successfully completed and announced by the Company in a news release that was issued earlier today (the "Public Offering").A total of 1,256,037 Units were sold in the Private Placement at a...
2021-10-21 5:00 PM EDT
Aurania Resources Announces Closing of Overnight Marketed Public Offering Raising Gross Proceeds of $6.9 Million and Upsize of Concurrent Private Placement
Toronto, Ontario--(Newsfile Corp. - October 21, 2021) - Aurania Resources Ltd. (TSXV: ARU) (FSE: 20Q) ("Aurania" or the "Company") announces that the Company has closed its previously announced overnight marketed public offering of units of the Company (the "Units"), including the exercise in full by the Underwriters (as defined below) of the over-allotment option (the "Offering"). The Offering was completed pursuant to a short form prospectus dated October 14, 2021 and filed in the provinces of Ontario, British Columbia and...
2021-10-21 9:53 AM EDT
Aurania Resources Announces Size and Pricing of Previously Announced Overnight Marketed Offering
Toronto, Ontario--(Newsfile Corp. - October 5, 2021) - Aurania Resources Ltd. (TSXV: ARU) (FSE: 20Q) ("Aurania" or the "Company") announces that, further to its previously announced overnight marketed public offering (the "Offering") of units of the Company (the "Offered Units"), it has entered into an underwriting agreement with a syndicate of underwriters led by Cantor Fitzgerald Canada Corporation ("CFCC"), as sole bookrunner, and including Canaccord Genuity Corp. and Echelon Wealth Partners (collectively with CFCC, the "Underwriters") to sell 3,335,000...
2021-10-05 12:04 PM EDT
Aurania Announces Overnight Marketed Offering and Concurrent Private Placement
Toronto, Ontario--(Newsfile Corp. - October 4, 2021) - Aurania Resources Ltd. (TSXV: ARU) (FSE: 20Q) ("Aurania" or the "Company") announces that it is undertaking an overnight marketed public offering of units (the "Offered Units") of the Company for gross proceeds of up to CDN$10.0 million (the "Offering") and a concurrent private placement of units for gross proceeds of up to CDN$2 million. The Offering is expected to be completed pursuant to an underwriting agreement to be entered into between the...
2021-10-04 4:13 PM EDT
Aurania Intersects Silver-Zinc Mineralization in Hole 3 at Tiria-Shimpia
Toronto, Ontario--(Newsfile Corp. - September 27, 2021) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") reports that the third hole drilled on the 22 kilometre-long Tiria-Shimpia silver-zinc target intersected the extension of the mineralized layer that was seen at surface. Hole SH-003 intersected 5 metres ("m") at a grade of 10.5 grams per tonne ("g/t") silver and 2.5% zinc within a 31.5m thick halo of mineralization in layered sedimentary rock in the central...
2021-09-27 7:00 AM EDT
Aurania Announces a Change to Its Board of Directors
Toronto, Ontario--(Newsfile Corp. - September 22, 2021) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") announces that Mr. Alfred Lenarciak has resigned from its board of directors (the "Board") for personal reasons, effective immediately. Mr. Lenarciak will be retained as a consultant to the Company for a period of one year and will provide advisory services to the Company if and when requested by the Company. Aurania's Board thanks Mr. Lenarciak for...
2021-09-22 7:00 AM EDT
Aurania Announces Non-Brokered Private Placement of Units
Toronto, Ontario--(Newsfile Corp. - September 13, 2021) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") announces that its board of directors has given its approval for a non-brokered private placement of up to 2,083,334 units (each a "Unit") at C$2.40 per Unit for gross proceeds of up to C$5 million, subject to receipt of all applicable regulatory approvals. Each unit will consist of one common share in the capital of the Company and one-half...
2021-09-13 5:30 PM EDT
Aurania Refines Tatasham Target in Preparation for Drilling
Toronto, Ontario--(Newsfile Corp. - September 13, 2021) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") reports on geophysical modelling that has refined the shape of the Tatasham target, a feature that has characteristics of a porphyry, a deposit type that contains over half of the world's copper resources. Tatasham is located near the western margin of the Company's Lost Cities - Cutucu Project area ("Project") in southeastern Ecuador. Aurania's Chairman & CEO,...
2021-09-13 7:00 AM EDT
Aurania Completes Its First Environment, Social and Governance Report
Toronto, Ontario--(Newsfile Corp. - September 7, 2021) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") is pleased to announce that it has completed its first, annual Environment, Social and Governance ("ESG") report, through the assistance of Onyen Corporation's innovative ESG software solution for resource companies. The report is presented as an ESG scorecard and can be accessed via a link on the Company's website. This report dovetails with the...
2021-09-07 5:50 PM EDT
Aurania Provides Update on Exploration and Other Activities
Toronto, Ontario--(Newsfile Corp. - September 2, 2021) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") is pleased to provide an update of activities at its Lost Cities - Cutucu project in southeastern Ecuador (the "Project"). This information is intended to provide additional detail and/or activities that may not have been captured in press releases during the quarter or in the Financial Statements and Management's Discussion and Analysis for the three and six months...
2021-09-02 5:00 PM EDT