Aurania announces private placement to raise up to $1.5 million

Aurania Resources Ltd. (TSXV: ARU) announced a non-brokered private placement financing of up to 12.5 million units at C$0.12 per unit for gross proceeds of up to C$1.5 million. The company may increase the offering by 25% to raise an additional C$375,000.

Each unit consists of one common share and one warrant. The warrants allow holders to purchase additional common shares at C$0.25 per share for 24 months following the closing date.

The company plans to use proceeds for a preliminary economic assessment by SRK on the Balangero tailings retreatment project in Italy, exploration programs at mineral properties, and general working capital purposes.

Aurania may pay finder's fees up to 7% in cash and 7% in finder warrants to eligible finders who introduce subscribers to the offering, subject to TSX Venture Exchange approval.

The offering is expected to close on or around December 16, 2025, pending regulatory approvals including TSXV approval for listing the common shares and warrant shares. Securities issued will be subject to a four-month hold period under Canadian securities laws.

Certain directors and officers are expected to participate in the offering, which will be considered a related party transaction under TSXV policies. The company anticipates relying on exemptions from minority shareholder approval requirements as the transaction value is not expected to exceed 25% of the company's market capitalization.

Aurania is a mineral exploration company focused on precious metals and critical energy projects in Europe and other regions.

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