Aurania Resources Ltd. (TSXV: ARU) (“Aurania” or the “Company”) announces that it has created an Advisory Committee and is pleased that Mr. Alfred Lenarciak has joined the Company as an independent Special Advisor to the Board of Directors. The Company’s intention is to include Mr. Lenarciak on its slate of directors for the forthcoming Annual and General Meeting scheduled to be held on April 25, 2018. The Company also granted an aggregate of 250,000 stock options to Mr. Lenarciak and members of the management team.
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Toronto, Ontario, March 2, 2018 – Aurania Resources Ltd. (TSXV: ARU) (“Aurania” or the “Company”) would like to provide an update on Company events during the PDAC 2018 International Convention commencing on March 4th including a change in time for Dr. Keith Barron’s presentation at Ecuador Day on Monday, March 5th.
Aurania will be exhibiting at booth 2905 in the Investors Exchange from Sunday, March 4th – Wednesday, March 7th at the Metro Toronto Convention Centre (MTCC) in Toronto, Canada. Members of the Board and Management team will be available to discuss the Company’s Lost Cities -Cutucu Project in Ecuador.
Aurania’s events at PDAC 2018 include:
Meet and Greet with Management
The Company is hosting a meet-and-greet on Sunday, March 4th from 11:00am – 3:00pm at The OverDraught Irish Pub, 156 Front Street West across from the MTCC. Please RSVP via the link below so that we may confirm our guest list: http://www.aurania.com/event/shareholder-management-1-1/
Ecuador Day Presentation
Aurania’s CEO and Chairman, Dr. Keith Barron will be speaking at Ecuador Day on Monday, March 5th at 12:10pm in Room 205D. Please note the revised time for Dr. Barron’s presentation, which is part of Session 2A: “Mining as a Pillar of the Country”. Ecuador Day will run from 8:30am-6:00pm. This event is open to all who are attending PDAC.
Corporate Social Responsibility Presentation
Monica Ospina, of “O-Trade”, will be speaking on Wednesday, March 7th at 10:25am in Room 717. Her presentation is titled “Water in the Community: Social Risk, Water as a Nexus”. Ms. Ospina is responsible for the Company’s Corporate Social Responsibility program.
The PDAC International Convention, Trade Show & Investors Exchange is the world’s leading convention for people, companies and organizations in, or connected with, mineral exploration. To pre-register for PDAC, visit http://www.pdac.ca/convention/registration/registration-information
Aurania is a junior exploration mining company engaged in the identification, evaluation, acquisition and exploration of mineral property interests, with a focus on precious metals and copper. Its flagship asset, The Lost Cities – Cutucu Project, is located in the Jurassic Metallogenic Belt in the eastern foothills of the Andes mountain range of southeastern Ecuador.
Information on Aurania and technical reports are available at www.aurania.com and www.sedar.com, as well as on Facebook at https://www.facebook.com/auranialtd/, Twitter at https://twitter.com/auranialtd, and LinkedIn at https://www.linkedin.com/company/aurania-resources-ltd-.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
Aurania is pleased to report that further stream sediment sampling and geological mapping has increased the number of targets in the Latorre area to five, from the two previously reported. The chemical signature and geological features of these targets are typical of the upper parts of epithermal gold-silver systems. Aurania’s management believes that alluvial gold discovered in stream gravel 2 kilometres from Aurania’s exploration concession boundary has been eroded from the Latorre area.
Aurania is pleased to announce that the Company will be exhibiting at booth number 2905 in the Investors Exchange at PDAC 2018 being held Sunday March 4th – Wednesday March 7th at the Metro Toronto Convention Centre in Toronto, Canada. Members of the Board and Management team will be available to discuss the Company’s Lost Cities -Cutucu Project in Ecuador.
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.
36 Toronto St, Suite 1050
Phone: (416) 367-3200
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