Richard Spencer, president and director at Aurania Resources, explains what’s next for the company’s Lost Cities – Cutucu project. He also shares why he’s excited to be exploring in Ecuador once again.
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’s CEO Dr. Keith Barron and President Dr. Richard Spencer discuss historical geophysics in the area and what they can tell us about data collected from recent programs on the Latorre target in the company’s flagship project: The Lost Cities – Cutucu Project.
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’s CEO Dr. Keith Barron and President Dr. Richard Spencer discuss the Latorre target in the company’s flagship project: The Lost Cities – Cutucu Project. This video was recorded at Red Cloud TV offices in Toronto, Canada.
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’s CEO Dr. Keith Barron and President Dr. Richard Spencer discuss Ecuador’s mining potential with respect to tangible local and federal government commitment to infrastructure and foreign business. This video was recorded at Red Cloud TV offices in Toronto, Canada.
Aurania Resources Ltd.
36 Toronto St, Suite 1050
Phone: (416) 367-3200
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