AuRo Closes Private Placement
NEWS RELEASE
AuRo Closes Private Placement
Vancouver, British Columbia, September 12, 2012 – AuRo Resources Corp. (TSXV: ARU) (FRANKFURT: NXP3) announces that it has closed the final tranche of its previously announced non‐brokered private placement (see news releases of April 9, 2012, April 19, 2012 and May 8, 2012).
The Company issued a total of 5,210,000 Units for gross proceeds of $260,500. Each Unit consists of one (1) common share of the Company and one‐half (1/2) of one share purchase warrant (a “Warrant”) with each whole Warrant entitling the holder thereof to acquire an additional common share of the Company for a period of 18 months at a price of $0.10 per share.
An aggregate of $13,550 in cash was paid to Haywood Securities Inc., and Macquarie Private Wealth Inc., for that portion of the financing attributable to these finders’ efforts. In addition, a total of 271,000 in agents’ warrants were issued to the finders, with each warrant exercisable at $0.10 for a period of 12 months from the date of Closing.
All of the securities issued pursuant to this offering have a hold period expiring four months after the closing dates.
About AuRo Resources Corp.
AuRo Resources is a mineral exploration company with major land positions in two of Colombia's leading gold camps. The Company holds property interests in three of the country's most prolific gold regions in Antioquia, Tolima‐Quindio, and Santander‐Norte de Santander. AuRo shares trade on the TSX Venture Exchange under the symbol ARU. For further information please visit www.auroresources.com.
ON BEHALF OF THE BOARD
(sgd.) “John Gomez”, CEO
For further information please contact:
John Gomez CEO & Director T: 604‐484-7118
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.
1111 Melville Street, Suite 1100, Vancouver, British Columbia, Canada V6E 3V6 www.auroresources.com