May. 1 at 1:44 PM
Noble Capital Markets Research Report: Aurania Resources (
$AUIAF) – Gaining Momentum
Private placement financing. Aurania recently closed the first tranche of its previously announced non-brokered private placement financing of up to 5,000,000 units at a price of C
$0.30 per unit for gross proceeds of up to C
$1,500,000. An aggregate of 3,182,899 units were sold under the first tranche for gross proceeds of C
$954,869.70. Dr. Keith Barron, Chairman, President, and CEO, acquired 1,000,000 units under the offering and owns or exercises control over 47,672,635 common shares, 1,752,992 options, and 12,399,135 warrants representing 44.41% and 50.88% of the company’s issued and outstanding common shares on a non-diluted and partially diluted basis, respectively. Aurania expects to close the final tranche of its non-brokered private placement on or around May 5.
Read more: https://www.channelchek.com/news-channel/aurania-resources-auiaf-gaining-momentum