Aurania Resources Announces Departure of President and Director
Toronto, Ontario--(Newsfile Corp. - January 26, 2022) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") announces that Dr. Richard Spencer has resigned from the board of directors and has left the Company and is no longer President effective immediately. The Company thanks Dr. Spencer for his valuable contributions during his tenure as President and Director and wishes him great success in his future endeavors. About Aurania Aurania is a mineral...
2022-01-26 6:06 PM EST
Aurania Provides Update on Operations
Toronto, Ontario--(Newsfile Corp. - January 26, 2022) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") provides an update on its operations and announces a temporary suspension of most activities at its Lost Cities-Cutucu project in southeastern Ecuador as a result of recent COVID-19 guidelines. There are currently 9 active COVID cases among our personnel and our General Manager is in quarantine because a family member is infected. Ecuador is...
2022-01-26 8:11 AM EST
Aurania Reports High-Grade Drill Intercept of 12% Zinc & 61g/t Gallium
Toronto, Ontario--(Newsfile Corp. - December 8, 2021) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") reports that drilling from hole 4 at Tiria-Shimpia returned a high-grade intercept of 12% zinc (approximately 273 pounds per metric tonne), 5 grams per tonne ("g/t") silver and 61g/t gallium over 2.0 metres. The drill intercept is from a 5.5-kilometre-long area of elevated metal values in soil - one of many such zones in the 22 kilometre-long, 3...
2021-12-08 7:00 AM EST
Aurania Provides Update on Drilling & Conference Call Details
Toronto, Ontario--(Newsfile Corp. - November 24, 2021) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") reports that drilling successfully intersected the targeted silver-zinc mineralized layer at Tiria-Shimpia in drill hole SH-004 and assays are awaited. Progress is also being made with exploration for sediment-hosted copper at the Tsenken target in the Company's Lost Cities - Cutucu Project area ("Project") in southeastern Ecuador. Copper has been...
2021-11-24 7:00 AM EST
Aurania Confirms Location of Next Holes to Be Drilled at Tiria-Shimpia Target Based on Positive Soil Sampling Results
Toronto, Ontario--(Newsfile Corp. - October 28, 2021) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") reports that soil sampling in the 22 kilometre-long Tiria-Shimpia silver-zinc target have highlighted an area of consistent silver and zinc enrichment in soil over a distance of 2.5 kilometres ("km") in the Company's Lost Cities - Cutucu Project area ("Project") in southeastern Ecuador. Drill platforms are being prepared for holes 4 and 5 to test...
2021-10-28 7:00 AM EDT
Aurania Resources Announces Closing of $2.26 Million Concurrent Private Placement
Toronto, Ontario--(Newsfile Corp. - October 21, 2021) - Aurania Resources Ltd. (TSXV: ARU) (FSE: 20Q) ("Aurania" or the "Company") announces that it has closed its non-brokered private placement (the "Private Placement") of units of the Company (the "Units"), which was conducted alongside the Company's overnight marketed offering that was successfully completed and announced by the Company in a news release that was issued earlier today (the "Public Offering"). A total of 1,256,037 Units were...
2021-10-21 5:00 PM EDT
Aurania Resources Announces Closing of Overnight Marketed Public Offering Raising Gross Proceeds of $6.9 Million and Upsize of Concurrent Private Placement
Toronto, Ontario--(Newsfile Corp. - October 21, 2021) - Aurania Resources Ltd. (TSXV: ARU) (FSE: 20Q) ("Aurania" or the "Company") announces that the Company has closed its previously announced overnight marketed public offering of units of the Company (the "Units"), including the exercise in full by the Underwriters (as defined below) of the over-allotment option (the "Offering"). The Offering was completed pursuant to a short form prospectus dated October 14, 2021 and filed in the provinces...
2021-10-21 9:53 AM EDT
Aurania Resources Announces Size and Pricing of Previously Announced Overnight Marketed Offering
Toronto, Ontario--(Newsfile Corp. - October 5, 2021) - Aurania Resources Ltd. (TSXV: ARU) (FSE: 20Q) ("Aurania" or the "Company") announces that, further to its previously announced overnight marketed public offering (the "Offering") of units of the Company (the "Offered Units"), it has entered into an underwriting agreement with a syndicate of underwriters led by Cantor Fitzgerald Canada Corporation ("CFCC"), as sole bookrunner, and including Canaccord Genuity Corp. and Echelon Wealth...
2021-10-05 12:04 PM EDT
Aurania Announces Overnight Marketed Offering and Concurrent Private Placement
Toronto, Ontario--(Newsfile Corp. - October 4, 2021) - Aurania Resources Ltd. (TSXV: ARU) (FSE: 20Q) ("Aurania" or the "Company") announces that it is undertaking an overnight marketed public offering of units (the "Offered Units") of the Company for gross proceeds of up to CDN$10.0 million (the "Offering") and a concurrent private placement of units for gross proceeds of up to CDN$2 million. The Offering is expected to be completed pursuant to an underwriting agreement to be entered into...
2021-10-04 4:13 PM EDT
Aurania Intersects Silver-Zinc Mineralization in Hole 3 at Tiria-Shimpia
Toronto, Ontario--(Newsfile Corp. - September 27, 2021) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") reports that the third hole drilled on the 22 kilometre-long Tiria-Shimpia silver-zinc target intersected the extension of the mineralized layer that was seen at surface. Hole SH-003 intersected 5 metres ("m") at a grade of 10.5 grams per tonne ("g/t") silver and 2.5% zinc within a 31.5m thick halo of mineralization in layered sedimentary rock in...
2021-09-27 7:00 AM EDT
Aurania Announces a Change to Its Board of Directors
Toronto, Ontario--(Newsfile Corp. - September 22, 2021) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") announces that Mr. Alfred Lenarciak has resigned from its board of directors (the "Board") for personal reasons, effective immediately. Mr. Lenarciak will be retained as a consultant to the Company for a period of one year and will provide advisory services to the Company if and when requested by the Company. Aurania's Board thanks Mr. Lenarciak...
2021-09-22 7:00 AM EDT
Aurania Announces Non-Brokered Private Placement of Units
Toronto, Ontario--(Newsfile Corp. - September 13, 2021) - 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 of up to 2,083,334 units (each a "Unit") at C$2.40 per Unit for gross proceeds of up to C$5 million, subject to receipt of all applicable regulatory approvals. Each unit will consist of one common share in the capital of the Company and one-half of...
2021-09-13 5:30 PM EDT
Aurania Refines Tatasham Target in Preparation for Drilling
Toronto, Ontario--(Newsfile Corp. - September 13, 2021) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") reports on geophysical modelling that has refined the shape of the Tatasham target, a feature that has characteristics of a porphyry, a deposit type that contains over half of the world's copper resources. Tatasham is located near the western margin of the Company's Lost Cities - Cutucu Project area ("Project") in southeastern Ecuador. Aurania's...
2021-09-13 7:00 AM EDT
Aurania Completes Its First Environment, Social and Governance Report
Toronto, Ontario--(Newsfile Corp. - September 7, 2021) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") is pleased to announce that it has completed its first, annual Environment, Social and Governance ("ESG") report, through the assistance of Onyen Corporation's innovative ESG software solution for resource companies. The report is presented as an ESG scorecard and can be accessed via a link on the Company's website. This report dovetails with the...
2021-09-07 5:50 PM EDT
Aurania Provides Update on Exploration and Other Activities
Toronto, Ontario--(Newsfile Corp. - September 2, 2021) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") is pleased to provide an update of activities at its Lost Cities - Cutucu project in southeastern Ecuador (the "Project"). This information is intended to provide additional detail and/or activities that may not have been captured in press releases during the quarter or in the Financial Statements and Management's Discussion and Analysis for the...
2021-09-02 5:00 PM EDT
Aurania Identifies New Epithermal Gold-Silver Target in Ecuador
Toronto, Ontario--(Newsfile Corp. - August 25, 2021) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") reports that a new epithermal target with associated gold enrichment in soil over an area of 0.67 square kilometres, has been identified near the Kuri-Yawi target in the Company's Lost Cities - Cutucu Project area ("Project") in southeastern Ecuador. Sinter blocks and outcrops were found in an area approximately 1 kilometre long at Latorre C target...
2021-08-25 7:00 AM EDT
Aurania Receives Approval on Amendment of Warrant Terms
Toronto, Ontario--(Newsfile Corp. - August 20, 2021) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") announces that the TSX Venture Exchange has consented to the proposed amendment of warrant terms as announced on August 6, 2021. A total of 1,043,567 non-broker warrants (the "Warrants") were issued in relation to a private placement financing that closed in three tranches on February 28, March 5 and March 13, 2020. The Warrants carry an exercise...
2021-08-20 8:03 AM EDT
Aurania Provides Update on Drilling at Tsenken and Tiria-Shimpia Targets
Toronto, Ontario--(Newsfile Corp. - August 19, 2021) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (Frankfurt: 20Q) ("Aurania" or the "Company") reports that drilling at the Tsenken N1 target has intersected sediment-hosted copper mineralization visible over approximately 2 metres ("m") and has also intersected salt, a key element of sediment-hosted copper mineralized systems. Scout drilling continues for sediment-hosted copper at Tsenken N1 and for silver-zinc at Tiria-Shimpia in the...
2021-08-19 7:00 AM EDT
Aurania Reports on Presidential Decree That Defines the Government's Action Plan to Stimulate Responsible Mining in Ecuador
Toronto, Ontario--(Newsfile Corp. - August 6, 2021) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") reports that yesterday afternoon, Ecuadorian President Guillermo Lasso issued Decree 151 ("Decree") that defines a new mining policy and provides a clearly articulated plan to support responsible mining in Ecuador as a key driver of the economy. The Decree defines a tight timeline for the achievement of specific action items. A translation of the...
2021-08-06 6:34 PM EDT
Aurania Announces Proposed Amendments to Certain Outstanding Unlisted Warrants
Toronto, Ontario--(Newsfile Corp. - August 6, 2021) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") announces that it is proposing to amend the terms of 1,043,567 common share purchase warrants (the "Warrants") issued by the Company in connection with a private placement financing that closed in three tranches on February 28, March 5 and March 13, 2020. The Warrants were issued during the early days of the COVID-19 global pandemic and carry an...
2021-08-06 7:00 AM EDT