Aurion Resources Ltd. Amends Financing
All securities issued under the Offering will be subject to a four-month hold period from the date of issue. The proceeds of the proposed offering will be used for advancing our existing properties, new acquisitions, project generation and for general working capital. This transaction is subject to final documentation and approval of the TSX Venture Exchange.
Aurion is focused on early stage precious metals exploration in Mexico, Nevada and BC. Its strategy is to advance its projects to a stage which will attract potential joint venture partners. It currently has 3 active joint ventures and approximately $1.7 million cash and 29,144,215 shares issued and outstanding. Aurion continues to evaluate other gold-silver projects for acquisition in Mexico, Nevada and globally.
Mike Basha, P.Eng., P.Geo., President and CEO of Aurion, is the Qualified Person as defined by National Instrument 43-101, and is responsible for the preparation of this release.
Certain statements contained in this release constitute forward-looking information. These statements relate to future events or future performance. The forward-looking information contained in this release is made as of the date hereof and Aurion is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information.
On behalf of the Board,
President & CEO
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.
Aurion Resources Ltd.
President & CEO