Aurania plans private placement to raise up to C$1.5 million

Aurania Resources Ltd. (TSXV: ARU) announced plans to complete 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 has reserved the right to increase the offering size by up to 25%, potentially raising 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 intends to use net proceeds primarily for exploration programs, general working capital purposes, and a portion may be used for the first payment of 2025 mineral concession fees in Ecuador.

The offering is expected to close on or about August 20, 2025, subject to regulatory approvals including approval from the TSX Venture Exchange for listing the common shares and warrant shares. The warrants will not be tradeable on the TSXV.

Securities issued under the offering will be subject to a four-month plus one day 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 may pay finders' fees of up to 7% in cash and up to 7% in finders warrants to eligible finders who introduce subscribers to the offering.

Aurania is a mineral exploration company focused on precious metals and copper in South America, with its flagship asset being The Lost Cities – Cutucu Project in southeastern Ecuador.

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