/wp-content/uploads/2020/01/peru_pol_06.jpg 1208 1000 a.paul.gaudet /wp-content/uploads/2017/03/Aurania.Resources.340x156-2.1.png a.paul.gaudet2020-01-17 07:09:512020-04-01 10:23:30Aurania Announces it has Applied for Mineral Concessions in Peru
/wp-content/uploads/2018/04/Ecuador-map-Aurania.jpg 618 772 a.paul.gaudet /wp-content/uploads/2017/03/Aurania.Resources.340x156-2.1.png a.paul.gaudet2018-04-05 08:35:012020-04-01 11:18:19Aurania Renews Full Concession Package in Ecuador and Enters into US$2 Million Convertible Debenture with Chairman
Aurania announces that the Company has renewed its full 2,080 square kilometre (“km2”) concession package in Ecuador based on the positive exploration results received to date. The Company will enter into a US$2.0 million unsecured convertible debenture with its Chairman and CEO, Dr. Keith Barron, to cover the concession renewal fees. Aurania’s board has determined that a convertible debenture with an exercise price higher than current market prices would be less dilutive to existing shareholders than a private placement at the current share price.