Aurcana is pleased to announce that 26,426,500 common share purchase warrants of the Company (the "Warrants") will commence trading on the TSX Venture Exchange at the opening of the markets on March 30, 2012 under the trading symbol "AUN.WT". The Warrants were issued as part of a brokered private placement offering (the "Offering") which closed on November 29, 2011 of approximately 53 million units (each, a "Unit") at a [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/05/12 -- Aurcana Corporation (TSX VENTURE: AUN)(OTCQX: AUNFF)(PINKSHEETS: AUNFF) ('Aurcana' or the 'Company') is pleased to report an increased 2012 Exploration Program for the Shafter Project with an approved budget of $3,000,000. The program, designed under the guidance of Dr. P. Megaw, CPG, calls for:
Aurcana is pleased to report it has increased its ownership in Real de Maconi S.A. de C.V. from 92% to 99.86% as a result of a recent capital restructure of Real de Maconi. Real Maconi holds a 99.99% interest in Minera La Negra S.A. de C.V. which has a 100% interest in the La Negra Mine.
Mine Exceeds 1 Million Silver Ounces; Shafter Silver Mine Construction Update
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/12/12 -- Aurcana Corporation ('Aurcana' or the 'Company') (TSX VENTURE: AUN)(OTCQX: AUNFF)(PINKSHEETS: AUNFF) is pleased to report silver production for Q4 2011 of 265,230 ounces, the largest quarter for silver production in Aurcana history, compared to 251,020 in Q4 2010. Silver production for 2011 increased 20.1% to 1,007,256 ounces compared to 838,077 ounces in 2010. Silver Equivalent increased 28.3% to 1,737,203 for 2011, compared to 1,354,315 in 2010.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/13/11 -- Aurcana Corporation (TSX VENTURE: AUN)(OTCQX: AUNFF)(PINKSHEETS: AUNFF) ('Aurcana' or the 'Company') is pleased to announce that underground drilling at the La Negra Silver-Copper-Lead-Zinc Mine, located in Querataro State, Mexico, has intersected new deeper mineralization below the 1920 m level of the mine. This is the first time Aurcana has indentified
Aurcana is pleased to announce that, further to the press release of November 15, 2011, it has completed its private placement financing. The private placement offering of units was conducted through a syndicate of agents led by RBC Capital Markets and included, BMO Capital Markets, Dundee Securities Ltd. and Stonecap Securities Inc.. Pursuant to the Offering, Aurcana sold an aggregate 52,853,000 Units at a price of $0.65 [...]
Aurcana Corporation announces today that it has increased the size of its previously announced C$25.4 million private placement financing to C$30.0 million of units. Each Unit consists of one common share in the capital of the Company and one half of one common share purchase warrant. The private placement offering is being conducted through a syndicate of agents led by RBC Capital Markets and including, BMO Capital [...]
Aurcana announces today that it has priced its previously announced offering of approximately C$25.4 million dollars of units. Each Unit consists of one common share in the capital of the Company and one half of one common share purchase warrant. The private placement offering was conducted through a syndicate of agents led by RBC Capital Markets and including, BMO Capital Markets, Dundee Securities Ltd. and Stonecap [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/10/11 -- Aurcana Corporation (TSX VENTURE: AUN)(OTCQX: AUNFF)(PINK SHEETS: AUNFF) ('Aurcana' or the 'Company') is pleased to advise on November 9, 2011, the Supreme Court of British Columbia pronounced reasons for judgment dismissing, with costs, the legal action commenced on April 15, 2011 by Sprott Asset Management LP ('SAM') and Sprott Resource Lending Partnership
Aurcana announced today that it intends to sell C$25 million dollars of units, each Unit to consist of one common share in the capital of the Company and one half of one common share purchase warrant by way of private placement. The Offering will be conducted through a syndicate of agents led by RBC Capital Markets and includes Dundee Securities Ltd. and Stonecap Securities Inc. The Offering will be carried out on a best [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/07/11 -- Aurcana Corporation ('Aurcana' or the 'Company') (TSX VENTURE: AUN)(OTCQX: AUNFF)(PINK SHEETS: AUNFF) is pleased to report its unaudited financial results for the third quarter ended September 30, 2011. The summary of the selected financial information should be read in conjunction with the unaudited financial statements and the related management's discussion
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/03/11 -- Aurcana Corporation (TSX VENTURE: AUN)(OTCQX: AUNFF)(PINK SHEETS: AUNFF) ('Aurcana' or the 'Company') is pleased to report that all permits required for the Shafter silver mine to commence production have been received. The final permit was to amend a water discharge permit which allows the Shafter mine to increase operations from 900 tonnes per day to 1500
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