Aurania Closes Second Tranche of Financing for Proceeds of $4.16M
Toronto, Ontario--(Newsfile Corp. - March 6, 2020) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") is pleased to announced that it has closed the second tranche (the "Second Tranche") of the previously announced non-brokered private placement for gross proceeds of C$4,164,065.70 (see press releases dated February 19, 2020 and February 28, 2020). Together with the proceeds from the first tranche that closed on February 28, 2020, the Company has...
2020-03-06 7:00 AM EST
Aurania Announces Closing of First Tranche of Strategic Financing
Toronto, Ontario--(Newsfile Corp. - February 28, 2020) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") is pleased to announce that it has closed the first tranche (the "First Tranche") of the private placement announced on February 19, 2020 for gross proceeds of C$1,469,369.20, and in addition, has received executed subscription agreements for approximately $4.7M which is expected to close in a second tranche next week. Details of the Private...
2020-02-28 11:35 PM EST
Aurania Resources Ltd. Announces Strategic $8 Million Financing
Toronto, Ontario--(Newsfile Corp. - February 19, 2020) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") announces that its board of directors has given its approval for a non-brokered private placement to a strategic investor group through the issuance of up to 2,580,644 units (each a "Unit") at C$3.10 per Unit for total gross proceeds of C$8 million (the "Offering"), subject to receipt of all applicable regulatory approvals. Each Unit will consist...
2020-02-19 7:00 AM EST
Aurania Announces List of Events During PDAC 2020 & Appoints Carolyn Muir as VP - Investor Relations
Toronto, Ontario--(Newsfile Corp. - February 14, 2020) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") is pleased to report that it will be attending the PDAC 2020 International Convention being held March 1st - March 4th at the Metro Toronto Convention Centre (MTCC) in Toronto, Canada. Aurania is also pleased to announce the appointment of Ms. Carolyn Muir as Vice President of Investor Relations. PDAC Booth Location Aurania will be exhibiting at...
2020-02-14 7:15 AM EST
Copper Enrichment in Soil Enhances Aurania's Tsenken N3 as a Porphyry Copper Target
Toronto, Ontario--(Newsfile Corp. - February 13, 2020) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") reports that follow-up exploration has encountered copper enrichment in soils over the Tsenken N3 geophysical target. These results are consistent with the Tsenken N3 being a porphyry copper target like Tsenken N2 located only 1km to the southwest (Figure 1). Both targets lie in the central part of the Lost Cities - Cutucu Project ("Project") in...
2020-02-13 6:45 AM EST
Aurania Reports on Key Components of Its New NI 43-101 Technical Report
Toronto, Ontario--(Newsfile Corp. - February 10, 2020) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") reports that it has filed a National Instrument 43-101 ("NI 43-101") technical report dated February 4, 2020 entitled, "A Technical Review of the Lost Cities - Cutucu Exploration Project, Morona-Santiago Province, Ecuador." The report is available under the Company's profile on SEDAR www.sedar.com and on the Company's website...
2020-02-10 5:01 PM EST
Tiria Moves up the List of Aurania's Gold-Silver Target Ranking
Toronto, Ontario--(Newsfile Corp. - February 5, 2020) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") reports that soil sampling has defined compelling epithermal-style targets in the Tiria area of the Company's Lost Cities - Cutucu Project ("Project") in southeastern Ecuador. Tiria has moved up the list of epithermal gold-silver targets ranked for drilling, ahead of the Apai target and the Company has applied for the required water permit....
2020-02-05 6:50 AM EST
Aurania Reports on Scout Drilling at Yawi Gold-Silver Target
Toronto, Ontario--(Newsfile Corp. - January 30, 2020) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") is pleased to provide an interim report on its scout drilling at its Yawi target in its Lost Cities - Cutucu Project ("Project") in southeastern Ecuador. Six drill holes have been completed on Targets A, B and C on the Yawi epithermal gold-silver target area. Assay results have been received for the first four holes; no significant gold-silver...
2020-01-30 7:00 AM EST
Aurania Announces It Has Applied for Mineral Concessions in Peru
Toronto, Ontario--(Newsfile Corp. - January 17, 2020) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") announces that it has applied for mineral concessions in northern Peru. Based on a preliminary review of the grass roots exploration completed to date at Aurania's Lost Cities - Cutucu Project in southeastern Ecuador, applications have been made for mineral concessions along geological trend in northern Peru. Aurania will provide updates in respect...
2020-01-17 7:00 AM EST
Aurania Provides Update on Operations
Toronto, Ontario--(Newsfile Corp. - January 10, 2020) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") is pleased to provide an update on exploration activities at its Lost Cities - Cutucu Project (the "Project") in southeastern Ecuador. Scout Drilling at Yawi Four bore holes have been completed on three epithermal gold targets (Targets A, B and C) at Yawi. The drill crew is operational after its year-end break and is scheduled to start drilling the...
2020-01-10 7:36 AM EST
Aurania Raises C$5.2 Million from the Exercise of Warrants
Toronto, Ontario--(Newsfile Corp. - January 9, 2020) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") is pleased to report that shareholders exercised warrants to a value of C$5,234,061 by the expiry date of December 29, 2019. These warrants, each of which entitled the holder to purchase one common share of Aurania at C$3.00, were issued in private placements undertaken by the Company in 2017 and 2018. Following the exercise of these warrants,...
2020-01-09 6:50 AM EST
Expert Consultant Provides Perspective on Sedimentary-Hosted Copper in Aurania's Project Area
Toronto, Ontario--(Newsfile Corp. - December 23, 2019) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") is pleased to report on the perspectives of Professor Gregor Borg, an independent specialist and expert in sedimentary-hosted copper deposits, during his visit and review of the Company's Lost Cities - Cutucu Project ("Project") in southeastern Ecuador. A summary of Professor Borg's observations and perspectives were video recorded in a discussion...
2019-12-23 7:15 AM EST
Aurania Warrants Expiring December 2019
Toronto, Ontario--(Newsfile Corp. - December 11, 2019) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (Frankfurt: 20Q) ("Aurania" or the "Company") would like to remind warrant holders that there are two sets of warrants priced at C$3.00 per warrant expiring on December 29, 2019. Warrants issued pursuant to Aurania's 2017 private placement financing have been extended from an original expiry date of October 19, 2018 (subsequently amended to October 19, 2019) to December 29, 2019; and...
2019-12-11 7:00 AM EST
Aurania Reports on the Copper Potential of Geophysical Targets
Toronto, Ontario--(Newsfile Corp. - December 3, 2019) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") reports that soil sampling shows strong enrichment of copper directly over the Tsenken N2 geophysical feature that was identified as a second-tier target in the airborne magnetic survey that the Company completed over its Lost Cities - Cutucu Project ("Project") in southeastern Ecuador. Soil sampling revealed copper enrichment over an area 2,000...
2019-12-03 6:50 AM EST
Aurania Finds First Field Evidence of Colonial Spanish Activity at Its Lost Cities Project in Ecuador
Toronto, Ontario--(Newsfile Corp. - November 27, 2019) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") is pleased to report that vestiges of an old road have been found in the central part of its Lost Cities - Cutucu Project ("Project") in southeastern Ecuador. The road was discovered by Aurania's field teams while searching for Sevilla de Oro which was one of two gold mining centres described in historic manuscripts from Ecuador, Peru, Spain and...
2019-11-27 3:00 AM EST
Aurania Provides Quarterly Update of Operations
Toronto, Ontario--(Newsfile Corp. - November 21, 2019) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") is pleased to provide a quarterly update on operations including scout drilling at the first of four targets at Yawi, the search for the historic gold mining centres of Logroño and Sevilla, and the copper exploration in its Lost Cities - Cutucu Project ("Project") in southeastern Ecuador. Update on Drilling at Yawi Gold-Silver Target Drilling is...
2019-11-21 6:50 AM EST
Update on Drilling at Aurania's Gold-Silver Target 'Yawi'
Toronto, Ontario--(Newsfile Corp. - November 15, 2019) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") is pleased to report that scout drilling for epithermal gold and silver at the first hole at "Yawi Target A" has been completed at its Lost Cities - Cutucu Project in southeastern Ecuador. The Company also reports that its Chairman and CEO, Dr. Keith Barron, attended the official opening of Lundin Gold's Fruta del Norte gold mine ("FDN") - a huge...
2019-11-15 11:27 AM EST
Aurania Simplifies Trading in the US with DTC Eligibility
Toronto, Ontario--(Newsfile Corp. - October 25, 2019) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") is pleased to announce that it has received approval from The Depository Trust Company ("DTC") of New York to make the Company's shares DTC eligible. DTC eligibility simplifies the process of trading Aurania's common shares in the United States, further improving the investment appeal to existing shareholders and potential investors in the US. DTC...
2019-10-25 6:50 AM EDT
Aurania Commences Drilling at Yawi Target in Ecuador
Toronto, Ontario--(Newsfile Corp. - October 24, 2019) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") is pleased to report that drilling has commenced on the first of the four targets at the Yawi target area at the Company's Lost Cities - Cutucu Project in southeastern Ecuador. The first drill hole at the Yawi target area is planned to be up to 500 metres long and is inclined to the south. This hole should be completed in approximately one week to...
2019-10-24 6:50 AM EDT
Aurania to Commence LiDAR Survey over the Lost Cities - Cutucu Project in Ecuador
Toronto, Ontario--(Newsfile Corp. - October 21, 2019) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") is pleased to report that VeriDaaS Corp. of Denver Colorado, USA, which has been contracted to complete a LiDAR ("Light Distance And Ranging") survey over the Company's 208,000 hectare flagship Lost Cities-Cutucu Project area ("the Project"), has received the permits required to commence the survey. The aircraft equipped with the LiDAR device has...
2019-10-21 6:48 AM EDT