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Aurania Closes Oversubscribed Private Placement and Raises $4.46M

Aurania Resources gold stock price

Aurania Provides Update on $4,000,000 Non-Brokered Private Placement

The Lost Cities - Cutucu Project

Aurania Resources Ltd. Announces $4 Million Financing

Aurania Resources Ltd. Completes $4,438,800 Oversubscribed Non-Brokered Private Placement

Aurania is pleased to announce that further to its news releases dated June 1, June 29 and July 12, 2018, the Corporation has completed the second and final tranche of its non-brokered offering of 2,219,400 units (“Units”) of the Company by way of a private placement at a price of C$2.00 per Unit for total gross proceeds of C$4,438,800 (the “Offering”). The Corporation issued an aggregate of 2,000,000 Units in the first tranche of the Offering for gross proceeds of C$4,000,000 and an additional 219,400 Units were issued in the second tranche of the Offering for gross proceeds of C$438,800.

Red Cloud Video Interview with President, Dr. Richard Spencer

Aurania’s President Dr. Richard Spencer, discusses the company's recent financing, exploration & drilling plans at its flagship project: The Lost Cities - Cutucu Project, local community involvement, and the Ecuadorian Government's cooperation with the mining industry. 

Aurania Resources Ltd. Provides an Update on its Non-Brokered Private Placement

Aurania Resources in accordance with the requirements of the policies of the TSX Venture Exchange, wishes to provide an update on the status of the non-brokered financing by way of a private placement of the Company’s units (each a “Unit”) at $2.00 per Unit for the gross proceeds of up to $4,000,000 subject to the option of the Company to offer an additional 500,000 Units (the “Offering”), initially announced in the Company’s June 1, 2018 news release. As subsequently announced on June 29, 2018, the Company has completed the first tranche of the Offering by placing 2,000,000 Units for the gross proceeds of $4,000,000. Due to a continuing interest, the Company exercised an overallotment option, thereby increasing the maximum size of the Offering to 2,500,000 Units in total.
Doubloon

Aurania Resources Ltd. Completes $4,000,000 First Tranche of a Non-Brokered Private Placement

Aurania is pleased to announce that further to its news releases dated June 1, 2018, it has completed a first tranche of a non-brokered private placement financing of 2,000,000 units of the Company at a price of $2.00 per Unit, for total gross proceeds of $4,000,000.

Aurania Resources Ltd. Announces Non-Brokered Private Placement

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.