US EditionAurion Resources Ltd. (TSXV:AU) - Accelerating Exploration at Risti with C$9.2M Strategic Financing - Research Portal
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Aurion Resources Ltd. (TSXV:AU) - Accelerating Exploration at Risti with C$9.2M Strategic Financing - Research Portal
Aurion Resources announced a C$9.2M non-brokered private placement with a strategic investor, for which it plans to issue 11.06M units at C$0.84. Each unit consists of a common share and a half three-year warrant priced at C$1.08. The investor stands to hold 6.88% of the company's shares on a non-diluted basis and 9.98% on a partially diluted basis. At least 75% of funds are expected to be used to advance exploration at its 100%-owned Risti proj…
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