- Aurelius Minerals (AUL) has closed a non-brokered private placement for gross proceeds of $385,200
- The offering consisted of 2,850,000 common shares and 835,000 flow-through common shares
- The net proceeds from the offering will be used for corporate and general working capital purposes
- Aurelius is a gold exploration company focused on projects in Ontario and Nova Scotia
- Aurelius Minerals Inc. (AUL) opened trading at C$0.165
Aurelius Minerals (AUL) has closed its previously announced non-brokered private placement for gross proceeds of $385,200.
The offering consisted of 2,850,000 common shares for $0.10 per share and 835,000 flow-through common shares for $0.12 per share.
All securities issued are subject to a statutory four-month hold period.
The company anticipates closing one or more additional tranches before September 9, 2022.
The net proceeds will be used for corporate and general working capital purposes.
Aurelius is a gold exploration company focused on advancing its Aureus Gold Properties, including Aureus East and West, the Tangier Gold Project and the Forest Hill Gold Project in Nova Scotia.
Aurelius Minerals Inc. (AUL) opened trading at C$0.165.