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Aurania Resources Ltd V.ARU.WT.B


Primary Symbol: V.ARU Alternate Symbol(s):  AUIAF | AUIWF

Aurania Resources Ltd. is a Canada-based mineral exploration company engaged in the identification, evaluation, acquisition and exploration of mineral property interests, with a focus on precious metals and copper in South America. Its flagship asset, The Lost Cities-Cutucu Project, is located in the Jurassic Metallogenic Belt in the eastern foothills of the Andes-mountain range of southeastern Ecuador. The Company holds a 100% interest in the Lost Cities Project, comprised of certain mineral concessions covering approximately 207,764 hectares (ha) in southeastern Ecuador. The Company’s land position in Peru consists of a total of approximately 130 concession applications and concession titles covering 128,700 ha. The Company has no steady source of revenue.


TSXV:ARU - Post by User

Post by joerad1on Mar 22, 2021 12:57pm
356 Views
Post# 32850892

My take on recent financing ....

My take on recent financing ....
the company is drilling another duster , so rather then wait (for the results) and finance at much lower prices management  decided to rush a financing now, so that they can drill another target as soon as possible .They are desperate to save face and show the market they have something of value and not just potential.
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