Aurania wishes to inform shareholders that thirty-two percent of the warrants issued in the May 2017 private placement have been exercised to date, resulting in approximately C$1.6 million net proceeds to the Company. If all warrants are exercised prior to their expiry, currently set in October 2018, total proceeds of approximately C$4.9 million would be raised.
Aurania wishes to inform shareholders that members of the Board and Management will be attending the Cambridge House Vancouver Resource Investment Conference that starts on Sunday this weekend and runs through Monday (January 21 and 22, 2018). The Company’s Booth is No 208, and the Company’s President will be participating in the panel discussion on Gold in Ecuador from 2:20-2:40pm in Workshop Room 4 on Monday, January 22.
Aurania reports that further to the press release dated January 11th, 2018, the Company wishes to clarify the dial-in and registration process required for an update conference call being held today, January 16th, 2018 at 2:00pm ET. If you wish to participate in the call, you must pre-register in order to receive a personal User PIN Code.
Aurania reports that stream sediment results and rock textures found in initial field exploration have identified the first epithermal target – the “Latorre” target – on Aurania’s wholly-owned Lost Cities – Cutucu Project (“Project”) in southeastern Ecuador. Epithermal systems are the prime target for gold-silver deposits in the Project area.
Aurania Resources Ltd. announces that following the press release issued by the Company on January 4, 2018, it came to the attention of management that an independent third-party article about Aurania was published by E. B. Tucker at The Casey Report just prior to the increase in share price. The Company believes that there could be a correlation with the timing of this report and the increase in share price and trading volume. Aurania did not pay for the article in the Casey Report and was unaware that an article was being prepared for distribution to Casey Report subscribers.
At the request of the Investment Industry Regulatory Organization of Canada (IIROC), Aurania Resources (“Aurania” or the “Company”) wishes to confirm that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity.
Aurania Resources Ltd. reports that coverage was given to the Company in an article by Bloomberg Businessweek. The article follows a four-day visit by a Bloomberg news reporter to the Lost Cities – Cutucu Project area. The reporter spent this time with Aurania’s exploration crews and management in the field. The field visit was entirely funded by Bloomberg.
Toronto, Ontario, December 6, 2017 – Aurania Resources Ltd. (TSX-V: ARU) (“Aurania” or the “Company”) is pleased to report on the first of a number of targets defined by the recently-completed airborne geophysics survey over its Lost Cities – Cutucu Project (“Project”) in southeastern Ecuador. The data continue to be processed, analyzed and then integrated with geological information and satellite imagery in order to identify priority targets. The “Awacha Target” is defined by magnetic features and a structural setting similar to the known porphyry copper-gold and copper deposits in the adjacent Cordillera del Condor.
Aurania is pleased to report that it has completed the airborne geophysical survey over its large 2,080 square kilometre Lost Cities – Cutucu Project (“Project”) in southeastern Ecuador. The airborne magnetic and radiometric survey has been completed on budget. The data is now being levelled for analysis and interpretation.
Aurania is pleased to announce that Mr. Jean Paul Pallier has been appointed Vice President – Exploration to lead the exploration of the Company’s Lost Cities – Cutucu Project in southeastern Ecuador (the “Project”). The Company also granted 430,000 stock options and 124,500 restricted stock units (“RSUs”) to management, directors and members of the Ecuadorian exploration, community relations and administration team.
Aurania Resources Ltd.
36 Toronto St, Suite 1050
Phone: (416) 367-3200
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