Aurion Resources Ltd. is pleased to announce the appointment of Mr. Kerry E. Sparkes, M. Sc., P. Geo to the Board of Directors. "We are excited to welcome Kerry to the Aurion Board of Directors," said David Lotan, Chairman of the Board of Directors of Aurion. "His long career and expertise in mineral exploration and major transactions will be of significant value to our team." About Kerry E. Sparkes: Mr. Sparkes has over [...]
Aurion Resources Ltd. is pleased to announce results from prospecting, trenching and channel sampling at its wholly owned Launi East Project in northern Finland that has identified a 3 to 9 metre wide auriferous zone, called the Christmas Deformation Zone. The zone is further projected to continue an additional 1.2 km to the southeast based on quartz vein outcrops and boulders. The company also announces the commencement [...]
Aurion Resources Ltd. is pleased to announce that it has received assays from an additional 9 holes drilled at the Aamurusko Northwest prospect on its wholly owned Risti Project in northern Finland. These holes are follow-up to drill results reported on September 5th and June 26th, 2019, which included 13.31 grams per tonne Au over 19.54 metres in drill hole AM19095 and 10.60 g/t Au over 3.40 m in drill hole AM19097 [...]
Aurion Resources Ltd. announces that the Company has granted stock options under its Stock Option Plan to purchase an aggregate of 1,510,000 common shares of the Company at an exercise price of $1.78 per share for a five year term expiring September 6, 2024. The stock options were granted to certain directors, officers, employees and consultants of the Company. About Aurion Resources Ltd. [...]
TSX-V: AU ST. JOHN'S, Sept. 5, 2019 /CNW/ - Aurion Resources Ltd. is pleased to announce that it has received assays from an additional 6 drill holes at the Aamurusko Northwest prospect on its wholly-owned Risti Project in northern Finland. These holes are follow-up to drill results reported on June 26th, 2019, which intersected a wide zone of gold mineralization . Highlights: 3.51 g/t Au over 31.12 m including 252.00 [...]
TSX-V: AU ST. JOHN'S, Aug. 22, 2019 /CNW/ - Aurion Resources Ltd. is pleased to report on the discovery of multiple new gold prospects over a greater than 5 km distance at its 100% owned Launi East Project in northern Finland. Highlights: 248 rock sample assays received to date assayed as high as 313 g/t Au and averaged 18.9 g/t Au Multiple new mineralized zones over 1.0 by 5.5 km area, with 10 new visible gold [...]
TSX-V: AU ST. JOHN'S, Aug. 21, 2019 /CNW/ - Aurion Resources Ltd. is pleased to announce that, as of August 13th, 2019, B2Gold Corp. has exercised its option to acquire a 51% interest in the Finland Joint Venture covering approximately 25,000 hectares, which include the Kutuvuoma and Ahvenjarvi projects. Since inception of the agreement, dated January 13, 2016, B2Gold completed over CAN$5 million in exploration [...]
ST. JOHN'S, Aug. 20, 2019 /CNW/ - Aurion Resources Ltd. is pleased to announce the recent appointment of Mr. Mark D. Santarossa as Vice President of Corporate Development. "Mark brings expertise in resource capital markets, investment banking and finance to Aurion," said Michael Basha, the Chief Executive Officer of Aurion. "We expect the 2019 field season will be highly impactful and we look forward to the contribution [...]
Aurion Resources Ltd. is pleased to announce that it has completed its previously announced marketed private placement, and its non-brokered private placement for an aggregate of 7,403,666 common shares of the Company at a price of C$1.50 per Common Share, and for gross proceeds of C$11,105,499. Marketed Private Placement Under the Offering, the Company issued an aggregate of 6,666,666 Common Shares at a price of C$1.50 [...]
Aurion Resources Ltd. is pleased to announce a non-brokered private placement of Common Shares by Kinross Gold Corporation which on closing will enable Kinross to maintain its current ownership position of 9.98% of the issued and outstanding Common Shares of the Company. By news releases dated July 9, 2019 and July 10, 2019, the Company announced a brokered private placement of 6,666,666 Common Shares at a price of [...]
JOHN'S, July 10, 2019 /CNW/ - Aurion Resources Ltd. is pleased to announce that in connection with its previously announced private placement financing, the Company and a syndicate of agents led by Cormark Securities Inc. have agreed to increase the size of the overnight marketed offering of common shares from the treasury of the Company to $10 million, at a price of $1.50 per Security . Closing of the Offering is [...]
JOHN'S, July 9, 2019 /CNW/ - Aurion Resources Ltd. is pleased to announce that it has entered into an agreement with a syndicate of agents led by Cormark Securities Inc. pursuant to which the Agents will conduct an overnight marketed offering of common Shares from the treasury of the Company on a private placement basis, at a price of $1.50 per Security . The Company is pleased to announce that Eric Sprott has agreed to [...]