Aurelius Minerals Inc. announces that it intends to complete a non-brokered private placement offering of common share units at a price of $0.05 per Common Share Unit for aggregate gross proceeds of up to $0.75 million and a concurrent non-brokered private placement offering of flow-through units at a price of $0.055 per Flow-Through Unit for aggregate gross proceeds of up to $2 million. The aggregate gross proceeds of [...]
Aurelius Minerals Inc. announces that following the acquisition of the Aureus Gold Properties on February 27, 2020, the Company has filed technical reports for its Aureus East, Forest Hill and Tangier Properties located in Nova Scotia. The three technical reports are available on the Company's profile at www.sedar.com and on the Company's website at www.aureliusminerals.com. Aurelius retained Global Mineral Resource [...]
As a result of a review of the Company's press release dated May 28, 2020, by the Investment Industry Regulatory Organization of Canada , Aurelius Minerals Inc. is issuing this press release to clarify and retract disclosure from this aforementioned news release. The Aureus East Gold property does not contain a current mineral resource estimate. Historical indicated mineral resource and inferred mineral resource estimates [...]
Aurelius Minerals Inc. announces that due to circumstances relating to the COVID-19 pandemic, it will be postponing the reporting of its interim financial statements and accompanying management's discussion and analysis for the three month period ended March 31, 2020 , required to be filed by May 30, 2020 pursuant to National Instrument 51-102 - Continuous Disclosure Obligations. This news release is being issued in [...]
Aurelius Minerals Inc. is pleased to announce it has commenced the 2020 exploration campaign at its wholly owned Aureus Gold Project in Nova Scotia, has completed its initial geological compilation program and the exploration team has been mobilized at the East project. Following the acquisition of Aureus Gold, the Company inherited a robust data set of past drill results. The team has identified multiple high-grade [...]
Aurelius Minerals Inc. wishes to announce the granting of incentive stock options to directors, officers, employees and consultants to purchase up to 5,690,400 common shares under the Company's Incentive Stock Option Plan. The options were granted for a period of five years, commencing on May 8, 2020, exercisable at a price of $0.06 per share and vest immediately. Aurelius last granted options to its directors, officers [...]
Aurelius Minerals Inc. is pleased to announce that it has completed, through its wholly owned subsidiary 2672403 Ontario Inc. , the acquisition of the Aureus West Gold Property . Terms of the acquisition are as follows: US$500,000 upon closing; a 2% net smelter return royalty with respect to production from Aureus West; and 2,000,000 Aurelius Shares. The planned acquisition of Aureus West was included in the press release [...]
Aurelius Minerals Inc. is pleased to announce that pursuant to a master transaction agreement entered into between Aurelius and Sprott Private Resource Lending LP, by its General Partner, Sprott Resource Lending Corp. , Aurelius has completed the acquisition of 2672403 Ontario Inc. , the owner of a 100% interest in the Dufferin gold properties including the Dufferin Gold Project , the Tangier Gold Project and the Forest [...]
Aurelius Minerals Inc. is pleased to announce that, further to the Company’s press release dated November 18, 2019, it has issued an unsecured convertible promissory note of the Company to Sprott Private Resource Lending , LP in the principal amount of C$456,200 for aggregate proceeds of C$456,200. Under the terms of the Note, Sprott may convert the Note at any time, in whole or in part, into common shares of the [...]
Aurelius Minerals Inc. is pleased to announce that it has executed a non-binding letter of intent with Sprott Private Resource Lending LP, by its General Partner, Sprott Resource Lending Corp. , to acquire a 100% interest in the Dufferin gold properties including the Dufferin Gold Project, the Tangier Gold Project and the Forest Hill Gold Project located in Nova Scotia for total consideration of US$8,000,000 in deferred [...]
Aurelius Minerals Inc. announces that it completed a non-brokered placement offering of 3,000,000 common share units at a price of $0.05 per Common Share Unit for aggregate gross proceeds of $150,000. Each Common Share Unit consists of one common share of the Company and one-common share warrant , with each warrant entitling the holder thereof to acquire one Common Share at a price of $0.06 per Common Share for a period [...]
Aurelius Minerals Inc. is providing an update on key activities up to and including the first half of 2019 at its 100% owned Mikwam property and an outlook for the balance of the year. The Company is very encouraged by the results of the first three drilling campaigns at the Mikwam property. The three Mikwam drilling programs have: Defined gold mineralization along three kilometres of strike length on the property and a [...]