Resource Capital Gold Corp GDPEF

"Hmmmmm" Interesting indeed Mr.Sprott

[LOCKDOWN]

TORONTO, Feb. 27, 2020 (GLOBE NEWSWIRE) -- Aurelius Minerals Inc. (TSX.V: AUL) (the “Company” or “Aurelius”) is pleased to announce that pursuant to a master transaction agreement (the “Transaction Agreement”) entered into between Aurelius and Sprott Private Resource Lending (Collector) LP, by its General Partner, Sprott Resource Lending Corp. (“Sprott Lending” or “Sprott”), Aurelius has completed the acquisition (the “Acquisition”) of 2672403 Ontario Inc. (“267 Ontario”), the owner of a 100% interest in the Dufferin gold properties including the Dufferin Gold Project (other than the Dufferin West Project), the Tangier Gold Project and the Forest Hill Gold Project located in Nova Scotia (collectively renamed, the “Aureus Gold Properties”) for total consideration of up to US$8,200,000 in deferred payments (the “Deferred Payments”) payable in cash or common shares of Aurelius (“Aurelius Shares”) or a combination of cash and Aurelius Shares. In addition, Aurelius is currently in advanced negotiations to acquire the Dufferin West property (renamed “Aureus West”) for (i) US$500,000 upon closing; (ii) a 2% net smelter return royalty with respect to production from Aureus West; and (iii) 2,000,000 Aurelius Shares) to be issued at a deemed issue price of C$0.05 per Aurelius Share.  Closing of the acquisition of Aureus West is anticipated to be completed in March 2020.