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Aurania Grants Stock Options

Aurania Resources Ltd., a mineral exploration company focusing on precious metals and copper in South America, has granted a total of 415,000 stock options to specific officers and consultants as per their Stock Option Plan. These options, priced at C$0.70 each, include 200,000 options granted to a company officer, valid for five years from the grant date and subject to standard vesting conditions.

Michael Chen

Senior Mining Analyst

October 30, 2024
8 min read
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Toronto, Ontario--(Newsfile Corp. - October 30, 2024) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") announces the grant of an aggregate of 415,000 stock options (the "Options") to certain officers and consultants of the Company pursuant to the terms and subject to the conditions of the Company's Stock Option Plan.

The Options have an exercise price of C$0.70. 200,000 Options were granted to an officer of the Company and are exercisable for five years from the date of grant and are subject to customary vesting conditions.

About Aurania
Aurania is a mineral exploration company engaged in the identification, evaluation, acquisition, and exploration of mineral property interests, with a focus on precious metals and copper in South America. Its flagship asset, The Lost Cities – Cutucu Project, is located in the Jurassic Metallogenic Belt in the eastern foothills of the Andes mountain range of southeastern Ecuador.

Information on Aurania and technical reports are available at www.aurania.com and www.sedarplus.ca, as well as on Facebook at https://www.facebook.com/auranialtd/, Twitter at https://twitter.com/auranialtd, and LinkedIn at https://www.linkedin.com/company/aurania-resources-ltd-.

For further information, please contact:
Carolyn Muir
VP Corporate Development & Investor Relations
Aurania Resources Ltd.
(416) 367-3200
carolyn.muir@aurania.com

Neither the 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/228395

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Michael Chen

Michael has over 15 years of experience covering junior mining companies, with a focus on precious metals exploration and development.

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