Aurania Resources Comments on Increase in Market Activity

Toronto, Ontario, January 5, 2018 – Aurania Resources Ltd. (TSXV: ARU) (“Aurania” or the “Company”) announces that following the press release issued by the Company on January 4, 2018, it came to the attention of management that an independent third-party article about Aurania was published by E. B. Tucker at The Casey Report just prior to the increase in share price.  The Company believes that there could be a correlation with the timing of this report and the increase in share price and trading volume. Aurania did not pay for the article in the Casey Report and was unaware that an article was being prepared for distribution to Casey Report subscribers.

About Aurania

Aurania is a junior exploration mining company engaged in the identification, evaluation, acquisition and exploration of mineral property interests, with a focus on precious metals and copper.  Its flagship asset, The Lost Cities – Cutucu Project, is located in the Jurassic Metallogenic Belt in the eastern foothills of the Andes mountain range of southeastern Ecuador.

For further information, please contact:

Dr. Richard Spencer
President
Aurania Resources Ltd.
(416) 367-3200
richard.spencer@aurania.com

Donna McLean
Chief Financial Officer
Aurania Resources Ltd.
(416) 417-8349
donna@aurania.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain assumptions, estimates, and other forward-looking statements regarding future events. Such forward-looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond the Company’s control that may cause actual results or performance to differ materially from those currently anticipated in such statements.