AuRo Arranges $500,000 Private Placement
NEWS RELEASE
AuRo Arranges $500,000 Private Placement
Vancouver, British Columbia, September 13, 2012 – AuRo Resources Corp. (TSXV: ARU) (FRANKFURT: NXP3) announces that it has arranged a $500,000 non‐brokered private placement for the Company’s operations in Colombia and Canada.
In accordance with the TSX Venture Exchange’s “Temporary Relief Measures”, AuRo proposes to issue approximately 16,666,666 Units priced at a price of $0.03 per Unit. Each Unit will consist of one common share of the Company and one share purchase warrant (a “Warrant”) with each Warrant entitling the holder to acquire an additional common share of the Company at $0.06 per share in year one, and $0.10 per share in year two.
Finder’s fees of 6% of Units sold may be payable in Units or cash. The private placement is subject to regulatory approval.
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