Aurania Resources announces that its directors received their quarterly director fees in the form of stock options in lieu of cash for the period ended Dec 31, 2024. Directors of the Company have agreed to receive their quarterly director fees for 2024 in the form of stock options in lieu of cash. On Dec 31, 2024, each director was granted 13,500 stock options at an exercise price of C$0.425. An aggregate of 54,000 stock [...]
Aurania Resources Ltd. announces that it has closed the second and final tranche of its non-brokered private placement financing as previously announced on November 25, 2024, and December 13, 2024. An aggregate of 3,747,243 units were sold under the Offering at a price of C$0.45 per Unit for aggregate gross proceeds of C$1,686,259.35. Under the Second Tranche, 1,020,744 Units were sold at the Issue Price for total gross [...]
Aurania Resources Ltd. announces that further to its news release dated November 25, 2024, it has closed the first tranche of its previously announced non-brokered private placement financing for up to 8,888,888 units at a price of C$0.45 per Unit , for gross proceeds of up to C$4,000,000 , subject to the right of the Company to increase the size of the Offering by up to 25%. An aggregate of 2,726,499 Units were sold [...]
Aurania Resources Ltd. announces that its Chairman, President and CEO, Dr. Keith Barron will present at NobleCon20 - Noble Capital Markets' Twentieth Annual Emerging Growth Equity Conference at Florida Atlantic University, Executive Education Complex, in Boca Raton, FL.- on Tuesday, December 3 at 12:00 PM Eastern Standard Time. A high-definition video webcast of the presentation will be made available on the Company's [...]
Aurania Resources Ltd. announces revised pricing for its previously disclosed non-brokered private placement financing, initially announced on November 13, 2024. Under the amended terms, the Company intends to issue up to 8,888,888 units at a price of C$0.45 per Unit , for gross proceeds of up to C$4,000,000 . Each Unit will consist of one common share of the Company and one Common Share purchase warrant . Each Warrant [...]
Aurania Resources Ltd. is pleased to announce its intention to complete a non-brokered private placement financing of up to 7,272,728 units of the Company at a price of C$0.55 per Unit for total gross proceeds to the Company of up to C$4,000,000 . The Company has reserved the right to increase the size of the Offering by up to 25% of the size of the Offering, such that up to an additional 1,818,182 Units may be issued to [...]
Aurania Resources Ltd. has received preliminary results from ongoing mineral processing, laboratory assay and metallurgical studies conducted by SGS Laboratories Ltd. on a sample of magnetic sand taken from Nonza Beach, Corsica, under independent supervision by Mr. John Rae, P. Geo. of Ontario, Canada. The nickel-bearing mineral in the black magnetic sand is awaruite, a naturally occurring nickel-iron alloy, which is both [...]
Aurania Resources Ltd. reports that IHC Mining Advisory Services of IHC Mining B.V. were commissioned by the Company to prepare a conceptual desktop study identifying a potential extraction and recovery methodology for the Albo-Nonza black beach sands in Corsica followed by a potential processing solution for extraction of the heavy minerals located in the beach sand. These sands are believed to be derived from the [...]
Aurania Resources Ltd. reports that further to its news release dated October 3, 2024, Jean-Paul Pallier, P. Geo., VP Exploration of Aurania, and Stefan Ansermet, Geological Consultant to Aurania, have completed first pass sea bottom sampling offshore of the Nonza and Albo Beaches, Cap Corse suggesting that the nickel potential is not confined to the beach alone, but extends significantly offshore Using a high-intensity [...]
Aurania Resources Ltd. announces the start of the induced polarization geophysical survey at its Kuri-Yawi project in southeastern Ecuador. The survey is being carried out by the geophysics company GexplOre, which has extensive experience developing this technique within the Amazon rainforest. The geophysicists have arrived in the field last week following the completion of the line-cutting preparation work. Kuri-Yawi is [...]
Aurania Resources Ltd. announces the grant of an aggregate of 415,000 stock options to certain officers and consultants of the Company pursuant to the terms and subject to the conditions of the Company's Stock Option Plan. The Options have an exercise price of C$0.70. 200,000 Options were granted to an officer of the Company and are exercisable for five years from the date of grant and are subject to customary vesting [...]
Aurania Resources Ltd. . Aurania has signed non-binding Memoranda of Understanding with the Communes of Ogliastro and Nonza in Cap Corse, Northern Corsica, France, through Aurania's wholly-owned subsidiary Corsica Ressources S.A. for the exploitation of heavy mineral beach placers that are highly enriched in nickel and other metals. Analysis by Activation Laboratories Ltd of Ancaster, Ontario, of a heavy mineral [...]