Toronto, Ontario (May 29, 2017) – Aurania Resources Ltd. (TSXV: ARU) (“Aurania” or the “Corporation”) is pleased to announce that its shareholders have approved the previously announced acquisition of EcuaSolidus S.A. (“ESA”), a company incorporated under the laws of the Republic of Ecuador, from Dr. Keith Barron, the President and CEO of Aurania (the “Transaction”) at the annual and special meeting of shareholders of the Corporation held on May 26, 2017 (the “Meeting”). ESA is the holder of the Lost Cities – Cutucu Project comprising 42 mineral exploration licences covering 207,764 hectares (approx. 2,080 square kilometres) over the core of the Cordillera de Cutucu, a mountain range in the foothills of the Andes, in Ecuador.