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Toronto, Ontario–(Newsfile Corp. – March 28, 2024) – Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) (“Aurania” or the “Company”) announces that its directors have agreed to receive their quarterly directors’ fees in the form of inventory functions in lieu of cash for each quarter through 2024.
On March 28, 2024, each director granted 23,500 stock functions with a restructuring value of $0. 25 in lieu of directors’ fees for the first quarter of 2024. A total of 94,000 share functions were granted. The characteristics of the actions can be exercised for 3 years and will be granted immediately.
About Aurania
Aurania is a mineral exploration company dedicated to the identification, evaluation, acquisition and exploration of mineral interests, specializing in valuable metals and copper in South America. Its flagship asset, the Las Ciudades Perdidas – Cutucú project, is located in the Jurassic metallogenic belt, in the eastern foothills of the Andes Mountains, southeast of Ecuador.
Aurania’s data and white papers are available on www. aurania. com and www. sedarplus. ca, as well as on Facebook at https://www. facebook. com/auranialtd/, Twitter at https://twitter. com /auranialtd and LinkedIn at https://www. linkedin. com/company/aurania-resources-ltd-.
For information, please contact:
Carolyn MuirVice President, Corporate Development & Investor RelationsAurania Resources Ltd. (416) 367-3200carolyn. muir@aurania. com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is found in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This press release comprises forward-looking data as that term is explained in applicable securities laws, which relate to long-term occasions or long-term performance and reflect existing control expectations and assumptions. Forward-looking data includes Aurania’s long-term objectives, goals or plans, statements, exploration effects, prospective mineralization, company portfolio, cash flow, control equipment and enhanced market profile. capital, mineral resource estimation, exploration, operations graduation schedule. Organize with Company groups the monitoring of any drilling program, the initiation of any drilling program and estimates of market conditions. These forward-looking statements reflect existing ideals of control and are based on assumptions made through Aurania and on existing data, adding the assumption that there will be no adverse changes in steel prices, all necessary consents, licenses, leases and approvals . downloaded, adding various local government and Marketplace licenses. Investors are cautioned that such forward-looking statements are not promises or promises and are subject to threats and uncertainties that could cause long-term effects to differ materially from those anticipated. Points of risk that could cause actual effects to differ materially from the effects expressed or implied by the forward-looking data include, but are not limited to, the ability to anticipate and offset the effects of the COVID-19 pandemic on the business of the company. the Company, adding, among others, the effects of COVID-19 on capital markets, supply chain disruptions in raw material prices, restrictions on work and attendance at local and international workplaces ; failure to download or delays in downloading required licenses, permits, approvals and regulatory consents; lack of ability to access financing as needed; a general economic downturn, volatile inventory prices, strikes, political unrest, adjustments to the mining regulatory regime governing Aurania; failure to comply with environmental regulations; a weakening of market and industry dependence on valuable steels and copper; AND. those threats set forth in the Company’s public documents filed on SEDAR. Aurania cautions the reader that the above list of threat points is not exhaustive. Although the Company believes that the assumptions and assumptions used to prepare the forward-looking data contained in this press release are reasonable, undue reliance should not be placed on such data, which speaks only as of the date of this press release. press release, and there can be no assurance that such events will occur within the disclosed time frames or at all. The Company disclaims any objective or legal responsibility to update or revise any forward-looking data, whether as a result of new data, long-term occasions or otherwise, except as required by law.
To view the source edition of this press release, https://www. newsfilecorp. com/release/203537