Aurania is pleased to announce that its shareholders have approved all resolutions at its Annual and Special Meeting (the “Meeting”) which was held on June 13, 2018, including the appointment of a new director, Mr. Alfred Lenarciak.
Aurania announces that it will hold its Annual and Special Meeting of Shareholders (the “Meeting”) on Wednesday, June 13, 2018 at Vantage Venues, 150 King Street West, 27th Floor, S7-Caledonia Room, in Toronto.
The format of the Meeting will be as follows:
3:00 pm – Chairman & CEO, Dr. Keith Barron will provide an overview and history of the Lost Cities – Cutucu project (the “Project”) in southeastern Ecuador.
4:15pm – Formal meeting commences, followed by a brief update on progress on the Project from President, Dr. Richard Spencer
Aurania is pleased to announce that it intends to complete a non-brokered private placement financing of up to 2,000,000 units (the “Units”) at a price of $2.00 per Unit, for total gross proceeds of up to $4,000,000 (the “Offering”). Each Unit will consist of one common share of the Company (a “Common Share”) and one-half Common Share purchase warrant (a “Warrant”). Each whole Warrant entitles the holder to purchase one Common Share at an exercise price of $3.00 for a period of 18 months following closing of the Offering.
Aurania is pleased to report the discovery of a new epithermal zone some eight kilometres south of the “Crunchy Hill” area (See Press Release dated April 6, 2018). The new discovery, named “Yawi” means “thermal spring” or “area with hot water” in the local Shuar language.
Aurania announces that it has closed a US$2.0 million convertible debenture financing with Dr. Keith Barron, the Company’s Chairman, CEO and largest shareholder. The funds from the Debenture enable the Company to maintain the full 2,080 square kilometre (“km2”) concession package that constitutes the Lost Cities – Cutucu Project in Ecuador.
Aurania is pleased to announce that its common shares are now trading on the OTCQB Venture Market (“OTCQB”), a U.S. trading platform that is operated by OTC Markets Group in New York. The Company will trade on OTCQB under the symbol “AUIAF “; the Company’s common shares will continue to trade on the TSX Venture Exchange under the symbol “ARU”.
Aurania is pleased to announce that its Chairman and CEO, Dr. Keith Barron has completed the registration of “Fundacion Dar Un Paso Adelante” (the Step-Forward Foundation) with the Bermuda Monetary Authority as a Registered Charity.
Aurania is pleased to announce its listing on the Frankfurt Stock Exchange under the trading symbol “20Q”. The Frankfurt Exchange ranks third globally in terms of trading volume behind New York (NYSE) and NASDAQ. The Frankfurt listing will provide European and other international investors broader access to Aurania.
Aurania will host an update conference call on Monday, April 30, 2018 at 2:00pm Eastern Time to discuss the Company’s exploration program and results to date. If you wish to participate, please refer to the dial-in information below and provide the passcode ‘AURANIA’ when prompted by the operator.
Dial in number(s) North American Toll: 1-857-600-3024
North American Toll-Free (Toronto): 1-416-800-1066
Aurania reports that reconnaissance exploration crews have found silica blocks indicative of an entirely new epithermal system, the “Charip” target, some 50 kilometres (30 miles) north of the Latorre area in its Lost Cities – Cutucu Project (the “Project”) in southeastern Ecuador. In addition, the Company has received soil geochemistry results that refine the Crunchy Hill target and move it a step closer to drill-testing.
