VANCOUVER, BRITISH COLUMBIA–(Marketwired – April 19, 2017) –
NOT FOR DISTRIBUTION TO US NEWS WIRE SERVICES OR FOR DISSEMINATION INTO THE USA
Aurelius Minerals Inc. (TSX VENTURE:AUL) (the “Company” or “Aurelius”) announces an amendment to its previously announced $2 million financing. The Company has raised $743,000 of the financing and intends to complete the remainder of the non-brokered private placement offering (the “Offering”) to sell common share units (“Common Share Units”) at a price of $0.10 per Common Share Unit and flow-through units (“Flow Through Units”) at a price of $0.10 per Flow-Through Unit.
Each Flow-Through Unit shall consist of one flow-through common share of the Company and one-half of one common share warrant (“Common Share Warrant”), with each whole warrant entitling the holder thereof to acquire one Common Share at a price of $0.15 per Common Share for a period of twenty-four (24) months following the closing of the Offering (the “Common Share Warrant Expiry Date”).
The terms of the Common Share Units remain unchanged.
A finder’s fee may be payable in connection with certain subscriptions.
Closing of the Offering is subject to receipt of applicable regulatory approvals including the approval of the TSX Venture Exchange. The securities issued will be subject to a standard four month hold period.
This new release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will be not be registered under the United States Securities Act of 1933 as amended (the “1933 Act”), or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons (as defined in Regulation S under the 1933 Act) absent such registration or an applicable exemption from such registration requirements.
About Aurelius
Aurelius is a premier gold exploration company, holding the Mikwam and Lipton Properties within the prolific northern Abitibi Gold belt in Ontario, Canada. The company has a sound management team with experience in all facets of the mineral exploration and mining industry who will be considering additional acquisitions of advanced staged opportunities in the Abitibi and other proven mining districts.
AURELIUS MINERALS INC.
Mark N. J. Ashcroft, President & CEO
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.
All statements in this press release, other than statements of historical fact, are “forward-looking information” with respect to Aurelius within the meaning of applicable securities laws, including statements with respect to the anticipated amount and closing of the Offering, the anticipated use of proceeds, the Company’s planned drilling and exploration activities. The Company provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited to those identified and reported in Aurelius’ public filings under Aurelius Minerals Inc.’s SEDAR profile at www.sedar.com. Although Aurelius has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Aurelius disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.
Mark N.J. Ashcroft
President & CEO
(604) 687-3959
info@aureliusminerals.com
www.aureliusminerals.com
Renmark Financial Communications Inc.
Robert Thaemlitz
Account Manager
(416) 644-2020 or (514) 939-3989
rthaemlitz@renmarkfinancial.com
www.renmarkfinancial.com