Aurion Resources Ltd.

Aurion Resources Ltd. announces that it has commenced diamond core drilling and base of till sampling programs on its wholly owned Risti and Launi Properties in the Central Lapland Greenstone Belt in northern Finland. Commencement of diamond core drilling program Aurion has commenced its 2021 drilling program, which is planned to test a number of target areas including the high-grade Aamurusko and Notches Prospects at the [...]

Aurion Resources Ltd. announces the appointment of Ms. Leily Omoumi, B. Eng, MBA, as an independent Director to the Board of Directors of the Company. "We are excited to welcome Leily to the Aurion team," said David Lotan, Chairman of the Board of Directors of Aurion. "Her extensive capital markets expertise and technical background will strengthen our Board of Directors and furthers the Board's commitment to corporate [...]

Aurion Resources Ltd. reports the resignation of Mike Basha as President, director and officer of the Company for personal reasons. Mr. Basha has agreed to consult to the Company as a technical advisor on an ongoing basis. "Due to recent personal circumstances, and other considerations, I have decided to step away from management duties", states Mike Basha. "I will continue as a technical advisor to the company and have [...]

Aurion Resources Ltd. announces that the Board of Directors of the Company has authorized the granting of stock options under its Stock Option Plan to purchase 2,000,000 common shares of the Company at an exercise price of $0.95 per share for a five-year term expiring March, 9 2026. The stock options are being granted to certain directors, officers, employees and consultants of the Company. About Aurion Resources Ltd [...]

Aurion Resources Ltd. announces that it has completed its previously announced marketed private placement, and its non-brokered private placement, for an aggregate of 13,425,033 common shares of the Company at a price of C$0.85 per Common Share for gross proceeds of C$11,411,278. Marketed Private Placement Under the Offering, the Company issued an aggregate of 11,855,033 Common Shares at a price of C$0.85 per Common Share [...]

Aurion Resources Ltd. is pleased to announce a non-brokered private placement of common shares by Kinross Gold Corporation which on closing will enable Kinross to maintain its ownership position of 9.98% of the issued and outstanding common shares of the Company. By news releases dated January 29, 2021 and February 1, 2021, the Company announced a brokered private placement of 10,588,235 Common Shares at a price of C$0.85 [...]

Aurion Resources Ltd. is pleased to announce that in connection with its previously announced private placement financing, the Company and a syndicate of agents led by Cormark Securities Inc. have agreed to increase the size of the marketed offering of common shares from the treasury of the Company to $9 million, at a price of $0.85 per common share. Closing of the Offering is expected to occur on or about February 23 [...]

Aurion Resources Ltd. is pleased to announce that it has entered into an agreement with Cormark Securities Inc. and a syndicate of agents, pursuant to which the Agents have agreed to act as agents for and on behalf of the Company, on a fully marketed basis, without underwriter liability, in connection with a proposed private placement offering of no less than 5,882,350 common shares of the Company at a price of $0.85 per [...]

New gold discoveries in two areas Sinermä Channel samples: 1.07 g/t Au over 42.40 m and 1.30 g/t Au over 20.80 m Drilling intercepts: 0.54 g/t Au over 40.20 m, 6.80 g/t Au over 0.75 m and 4.11 g/t Au over 1.40 m Kutuvuoma East High-grade gold intercept of 14.77 g/t Au over 1.60 m Expanded exploration campaign for 2021 with a focus on Ikkari-Kutuvuoma area ST. JOHN'S, NL, Jan. 13, 2021 /CNW/ - [...]

As we embark on 2021, we are excited about the prospects for Aurion and our shareholders. The gold-producing industry appears to be finally emerging from a prolonged period of fiscal discipline, balance sheet repair and asset divestiture. The sector is now rapidly consolidating and moving towards a growth-seeking phase. With a growing high-grade surface discovery and a dominant land position in an emerging gold camp – we [...]