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Aurion Resources Ltd V.AU

Alternate Symbol(s):  AIRRF

Aurion Resources Ltd. is an exploration company. The Company is focused on exploring its Flagship Risti and Launi projects, as well as advancing joint venture (JV) arrangements with Kinross Gold Corp., B2 Gold Corp., and Strategic Resources Inc. in Finland. The Risti Project covers approximately 16,197 hectares (ha) in the Central Lapland Greenstone Belt (CLGB). Risti Project is located kilometers (km) NNW of Sodankyla, Finland, which is a 40-minute drive along paved and all-weather gravel roads through rolling hills and forests. Launi Property consists of two blocks, Launi East and Launi West, with a combined area of approximately 144 square kilometers. It has interest in an approximately 268 square kilometers project area that includes the Kutuvuoma and Ahvenjarvi prospects. Its JV area includes discoveries, such Sinerma and Kutuvuoma East and various gold prospects, such as Kutuvuoma, Ahvenjarvi, Kettukuusikko, Hirvilavanmaa, Palovaara, Soretialehto and Soretiavuoma Tuongankuusikko.


TSXV:AU - Post by User

Post by loonietuneson Dec 20, 2022 9:43am
161 Views
Post# 35181853

Just a thought on patience?

Just a thought on patience?A while back I owned shares in Arena Minerals a project generator, I held them for about a year and a half. Paid .10 they did nothing but flat line down to .04 got rid of a small position didn't mean much small position.
I didn't know Lotan was behind Arena as well, news out today from Lithium Americas.

Benefits to Arena shareholders:

 

  • An opportunity for Arena Shareholders to realize a meaningful and immediate premium:
    • The Consideration to Arena implies a purchase price of C$0.67 per Arena Share based on the closing price on December 19, 2022;
    • Approximately 28% premium to Arena's closing price based on the closing price on December 19, 2022; and
    • Approximately 27% premium based on Arena's 20-day volume weighted average price for the period ending on December 19, 2022.
  • Just saying!
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