AURCANA ANNOUNCES CLOSING OF BLUE GRASS CLAIM ACQUISITION

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, British Columbia, March 31, 2020 (GLOBE NEWSWIRE) — AURCANA CORPORATION (“Aurcana” or the “Company”) (TSXV: AUN; OTCQB: AUNFF) is pleased to announce the closing of the Bluegrass claim acquisition previously announced in January 2020. As this claim allows for an extension of the Virginius North vein, the Company is looking forward to exploring and sampling on the Bluegrass claim to potentially add mineral resources within the current development plan. The technical team is currently evaluating cost/benefit approaches for this new land package.