AURANIA RESOURCES ORD - AUIAF STOCK NEWS

Welcome to our dedicated page for AURANIA RESOURCES ORD news (Ticker: AUIAF), a resource for investors and traders seeking the latest updates and insights on AURANIA RESOURCES ORD stock.

Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) is a mineral exploration company focused on identifying, evaluating, acquiring, and exploring mineral property interests, with a primary focus on precious metals and copper in South America. The Company's flagship asset, The Lost Cities - Cutucu Project, situated in southeastern Ecuador, is in the Jurassic Metallogenic Belt in the eastern foothills of the Andes mountain range.

Recently, Aurania has filed for the renewal of its 42 mineral exploration concessions in Ecuador, demonstrating its commitment to maintaining its property in the region. Additionally, the Company's directors have agreed to receive their quarterly fees in the form of stock options, showcasing their confidence in the future prospects of the Company.

Aurania's strategic move to sign a share purchase agreement with Palamina Corp., selling its Peruvian subsidiary, highlights its focus on advancing activities in Ecuador and France. Through this agreement, the Company will retain a 1% Net Smelter Return royalty over certain mining claims located in Peru.

01/30/2024 07:08 AM

News

Aurania Announces Loan Agreement

Rhea-AI Summary

Aurania Resources Ltd. announces a loan agreement with its Chairman, President, and CEO, Dr. Keith Barron, totaling up to C$1,000,000. The unsecured loan bears 2% interest per annum and will help fund the company's working capital, general corporate purposes, and exploration expenses in Ecuador. Dr. Barron's related party status triggers 'Related Party Transaction' regulations under MI 61-101, but the company has obtained exemptions from formal valuation and minority shareholder approval requirements. The loan was approved by independent board members, and no special committee was established for the transaction.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

11.86%

Tags

01/29/2024 07:30 AM

News

Aurania to Extend Term of Previously-issued Warrants

Rhea-AI Summary

Aurania Resources Ltd. plans to extend the exercise period for 1,996,653 unlisted common share purchase warrants, all exercisable at $1.25 per common share. The company intends to extend the expiry dates of the warrants by one year, subject to acceptance by the TSX Venture Exchange. The Chief Executive Officer, Dr. Keith Barron, participated in the issuance of the warrants, rendering the extension a 'related party transaction' within the meaning of Multilateral Instrument 61-101.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-2.02%

Tags

01/02/2024 07:30 AM

News

Aurania Directors Receive Options in Lieu of Fees and CEO Provides Annual Letter to Shareholders

Rhea-AI Summary

Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) announces that directors received their quarterly fees in the form of stock options. Each director was granted 19,800 stock options at an exercise price of $0.31, totaling 79,200 stock options. The options will be exercisable for three years and will vest immediately. Dr. Keith Barron's annual letter to shareholders is also available on the Company website.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

3.83%

Tags

11/14/2023 07:30 AM

News

Aurania Resources to Attend 121 Mining Investment Conference

Rhea-AI Summary

Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) announces participation in 121 Mining Investment Conference in London on November 20-21. The conference will host over 175 mining companies and 500 investors for pre-arranged meetings, expert commentary, and market intelligence. Investors can register for a free pass and visit Aurania at Booth #B13.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-5.26%

Tags

10/16/2023 08:17 AM

News

Aurania Announces Preliminary Election Results and Loan Agreement

Rhea-AI Summary

Aurania Resources announces the election of Mr. Daniel Noboa as President of Ecuador and a loan provided by the Company's Chairman to fund working capital and exploration expenses.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-4.65%

Tags

10/02/2023 07:30 AM

News

Aurania Provides Update and Directors Receive Options in Lieu of Fees

Rhea-AI Summary

Aurania Resources directors received stock options as quarterly fees, 107,200 options granted at $0.235 exercise price. Positive prospects for mining in Ecuador as the next President is expected to be supportive. Daniel Noboa leads in polls with 5-8% ahead. Aurania continues social programs in Ecuador and processing mineral exploration permits in France.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

1.85%

Tags

07/24/2023 07:00 AM

News

Aurania Applies for Exploration License in Brittany, France

Rhea-AI Summary

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

2.72%

Tags

07/03/2023 10:45 AM

News

Aurania Renews Select Concessions in Peru & Grants Stock Options

Rhea-AI Summary

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

1.24%

Tags

06/19/2023 07:00 AM

News

Aurania Provides Summary of Corporate Update at AGM

Rhea-AI Summary

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-- %

Tags

06/14/2023 06:00 PM

News

Aurania Shareholders Approve All Resolutions at Annual and Special Meeting

Rhea-AI Summary

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

55.07%

Tags

FAQ

What is the current stock price of AURANIA RESOURCES ORD (AUIAF)?

The current stock price of AURANIA RESOURCES ORD (AUIAF) is $0.4397 as of September 6, 2024.

What is the market cap of AURANIA RESOURCES ORD (AUIAF)?

The market cap of AURANIA RESOURCES ORD (AUIAF) is approximately 47.3M.

What is Aurania Resources Ltd. primarily engaged in?

Aurania Resources Ltd. is a mineral exploration company focused on identifying, evaluating, acquiring, and exploring mineral property interests, with a primary focus on precious metals and copper in South America.

Where is Aurania's flagship asset located?

The flagship asset of Aurania, The Lost Cities - Cutucu Project, is situated in southeastern Ecuador, within the Jurassic Metallogenic Belt in the eastern foothills of the Andes mountain range.

What recent filing has Aurania made regarding its mineral exploration concessions in Ecuador?

Aurania has recently filed for the renewal of its 42 mineral exploration concessions in Ecuador, showcasing its commitment to maintaining its property in the region.

How do the directors of Aurania receive their quarterly fees?

The directors of Aurania receive their quarterly fees in the form of stock options, indicating their confidence in the future prospects of the Company.

What strategic move did Aurania make recently with Palamina Corp.?

Aurania signed a share purchase agreement with Palamina Corp., selling its Peruvian subsidiary while retaining a 1% Net Smelter Return royalty over certain mining claims in Peru.