Aurania Resources Ltd. announces that, further to its news release of April 17, 2024, it intends to increase the size of the debt settlement arrangement with Dr. Keith Barron, the CEO and a director of the Company, whereby Dr. Barron will convert up to C$2.0 million of the loans plus interest thereon of C$72,165, for an aggregate amount of [...]
Aurania Resources Ltd. announces its 2024 exploration plan at its project in southeastern Ecuador. In conjunction with this, the Company intends to complete a non-brokered private placement financing of up to 20,000,000 units of the Company at a price of C$0.20 per Unit for total gross proceeds to the Company of up to C$4,000,000 . Each Unit will [...]
Aurania Resources Ltd. reports an update regarding a request to enter into an agreement for payment of its annual mineral concession fees in Ecuador as announced on March 27, 2024. While this process is ongoing, the Company maintains its property in Ecuador in good standing and is able to further its exploration projects, dependent on funding [...]
Aurania Resources Ltd. announces that its directors have agreed to receive their quarterly director fees in the form of stock options in lieu of cash for each quarterly period during 2024. On March 28, 2024, each director was granted 23,500 stock options at an exercise price of $0.25 in lieu of their director fees for Q1 2024. An aggregate of [...]
Aurania Resources Ltd. announces that it has filed all the appropriate documentation for the renewal of its 42 mineral exploration concession in Ecuador. The Company also reports that it is filing a request to enter into an agreement for payment of the associated annual concession fees. Further details will be reported once an agreement is reached [...]
Aurania Resources Ltd. announces that its Chairman, President and Chief Executive Officer, Dr. Keith Barron has agreed to provide a loan of up to C$1,000,000 to the Company to be advanced from time to time in principal amounts as agreed by the parties . The Loan is unsecured, bears interest at 2% per annum and matures upon notice of twelve months [...]
Aurania Resources Ltd. announces that it intends to extend the exercise period for a total of 1,996,653 unlisted common share purchase warrants, all of which are exercisable at $1.25 per common share and would otherwise expire on March 28, 2024, or March 30, 2024 . The Warrants were issued pursuant to a non-brokered private placement that closed in [...]
Aurania Resources Ltd. announces that a letter to shareholders from Chairman, President & CEO, Keith Barron, is now available on the Company website. Aurania also announces that its directors received their quarterly director fees in the form of stock options in lieu of cash for the period ended December 31st. As stated in the press release dated [...]
Aurania Resources Ltd. announces that Mr. Daniel Noboa is the elected President of Ecuador following a runoff election held on October 15th. Mr. Noboa is a graduate of the Harvard Kennedy school and is expected to be sworn in on November 25. He will be in power for approximately 18 months - completing the term of outgoing President, Guillermo Lasso [...]
Aurania Resources Ltd. provides a brief update and announces that its directors received their quarterly director fees in the form of stock options in lieu of cash for the period ended September 30th . On September 29, 2023, each director was granted 26,800 stock options at an exercise price of $0.235 in lieu of their director fees for Q3 2023. An [...]
Aurania Resources Ltd. is pleased to announce it has applied for an exploration license in the Brittany Peninsula of northwestern France through a wholly-owned French subsidiary. The concession area, which includes Hennebont in the Morbihan Department, has historically been the site of significant high-grade gold finds. Placer gold in streams is [...]
Aurania Resources Ltd. announces that it has completed the process of renewing certain annual mineral concession applications at its Vicus property in Peru . The Company selected concessions that have higher geological potential, where the application process has been completed and most of the concessions granted. In total, ninety-four concessions [...]