Bullboard - Stock Discussion Forum Aurania Resources Ltd V.ARU.WT.B

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

Metals & Mining Industrial Metals & Minerals

Aurania Resources Ltd. is a 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... see more

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TSXV:ARU - Post Discussion

Aurania Resources Ltd > News

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Post by GoldenIdle on Nov 14, 2024 9:28am

News

Great they got $4 M . Now get those drills turning at Corsica , see how deep this beach goes . Hopefully the visible beach is the tip of the iceberg.

Toronto, Ontario--(Newsfile Corp. - November 13, 2024) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") is pleased to announce its intention to complete a non-brokered private placement financing of up to 7,272,728 units of the Company (the "Units") at a price of C$0.55 per Unit (the "Issue Price") for total gross proceeds to the Company of up to C$4,000,000 (the "Offering"). The Company has reserved the right to increase the size of the Offering by up to 25% of the size of the Offering, such that up to an additional 1,818,182 Units may be issued to raise additional gross proceeds of up to C$1,000,000.