Contact
QR code for the current URL

Story Box-ID: 987966

Swiss Resource Capital AG Poststrasse 1 9100 Herisau, Switzerland http://www.resource-capital.ch
Contact Mr Jochen Staiger +41 71 354 85 01

Aurania Raises C$5.2 Million From The Exercise Of Warrants

(PresseBox) (Toronto, Ontario, )
Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (Frankfurt: 20Q) (“Aurania” or the “Company” - https://www.commodity-tv.com/play/aurania-resources-following-track-of-possible-road-lidar-program-started/) is pleased to report that shareholders exercised warrants to a value of C$5,234,061 by the expiry date of December 29, 2019.  These warrants, each of which entitled the holder to purchase one common share of Aurania at C$3.00, were issued in private placements undertaken by the Company in 2017 and 2018.   Following the exercise of these warrants, Aurania has 38,368,100 common shares outstanding. 

One set of warrants was issued pursuant to Aurania's 2017 private placement financing and were extended from an expiry date of October 19, 2019 to December 29, 2019. The other set of warrants were issued in June 2018 as part of Aurania’s 2018 private placement (tranche one) and expired on December 29, 2019. There were also a number of warrants exercised from tranche two of Aurania’s 2018 private placement, which have an expiry date of March 6, 2020.

About Aurania

Aurania is a junior mineral exploration company engaged in the identification, evaluation, acquisition and exploration of mineral property interests, with a focus on precious metals and copper.  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.

Information on Aurania and technical reports are available at www.aurania.com and www.sedar.com, as well as on Facebook at https://www.facebook.com/auranialtd/, Twitter at  https://twitter.com/auranialtd, and LinkedIn at https://www.linkedin.com/company/aurania-resources-ltd-.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Website Promotion

Website Promotion
The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.
Important note:

Systematic data storage as well as the use of even parts of this database are only permitted with the written consent of unn | UNITED NEWS NETWORK GmbH.

unn | UNITED NEWS NETWORK GmbH 2002–2024, All rights reserved

The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.