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ARU.V ·

Aurania Announces Increase IN Size of Non-Brokered Private Placement

Financings

TSX-V: ARU

NR 2025-23

AURANIA ANNOUNCES INCREASE IN SIZE OF NON-BROKERED PRIVATE PLACEMENT

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED

STATES

Toronto, Ontario, August 5, 2025 – Aurania Resources Ltd. (TSXV: ARU; OTCQB: AUIAF;

Frankfurt: 20Q) (“Aurania” or the “Company”) is pleased to announce that due to strong investor

interest, it has increased the size of its non -brokered private placement (the “ Offering”), previously

announced on August 1, 2025. The Offering will now consist of aggregate gross proceeds of up to

$1,800,000 comprised of up to 15,000,000 units of the Company (the “Units”) at a price of C$0.12 per Unit

(the “Issue Price”), The Company has reserved the right to increase the size of the Offering by up to 25%

of the size of the Offering, such that up to an additional 3,750,000 Units may be issued to raise additional

gross proceeds of up to C$450,000.

Each Unit will consist of one common share of the Company (a “Common Share”) and one Common

Share purchase warrant (a “Warrant ”). Each Warrant will entitle the holder to purchase one Common

Share (a “Warrant Share ”) at an exercise price of C$ 0.25 per Warrant Share for a period of 24 months

following the closing of the Offering.

Use of Proceeds

The Company intends to use the net proceeds from the Offering primarily for exploration programs, general

working capital purposes, and a portion of such proceeds may also be used for the first payment of 2025

mineral concession fees in Ecuador.

Finders

In connection with the Offering, the Company may pay finders’ fees to certain eligible finders of up to 7%

in cash of the gross proceeds raised in the Offering from subscribers introduced to the Company by such

finders and up to 7% in finders warrants (the “Finder Warrants”) of the aggregate number of Units placed

by such finders, subject to the approval of the TSX Venture Exchange (the “TSXV”). Each Finder Warrant

will entitle the holder thereof to purchase one (1) additional Unit at the Issue Price and will be exercisable

for a period of 24 months from the closing of the Offering. Each Finder Warrant will be comprised of one

Common Share and one Warrant.

Subscription Procedure

Existing shareholders and other investors interested in subscribing to the Offering should register their

interest via email to [email protected].

Closing and Hold Period

Closing of the Offering is anticipated to be completed on or about A ugust 20, 2025, or such other date or

dates that the Company may determine and may close in tranches. Closing is subject to the receipt of all

necessary regulatory approvals including (but not limited to) the receipt of approval from the TSXV for the

listing of the Common Shares and the Warrant Shares issuable upon the exercise of the Warrants.

The Warrants are not eligible to be listed and therefore will not be tradeable on the TSXV. The securities

issued pursuant to the Offering shall be subject to a four -month plus one day hold period commencing on

the day of the closing of the Offering, as applicable, under applicable Canadian securities laws. The

Offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory

and other approvals including the approval of the TSXV.

Insider Participation

Certain directors and officers of the Company are expected to acquire Units under the Offering . Such

participation will be considered to be a “related party transaction” as defined under the policies of the TSXV

and Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI

61-101”). The Company anticipates relying on exemptions from the minority shareholder approval and

formal valuation requirements applicable to the related- party transactions under sections 5.5(a) and

5.7(1)(a), respectively, of MI 61- 101, as neither the fair market value of the Units to be acquired by the

participating directors and officers nor the consideration to be paid by such directors and officers is

anticipated to exceed 25 percent of the Company's market capitalization.

The securities described herein have not been, and will not be, registered under the United States Securities

Act, or any state securities laws, and accordingly may not be offered or sold within the United States except

in compliance with the registration requirements of the U.S. Securities Act and applicable state securities

requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or

a solicitation to buy any securities in any jurisdiction.

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

[email protected]

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV)

accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains forward -looking information as such term is defined in applicable securities

laws, which relate to future events or future performance and reflect management’s current expectations

and assumptions. The forward-looking information includes statements regarding the anticipated Offering,

including the maximum size thereof, the expected timing to complete the Offering, the ability to complete

the Offering on the terms provided herein or at all, the anticipated use of the net proceeds from the Offering,

the receipt of all necessary approvals, including the approval of the TSXV of the listing of the Common

Shares and the Warrant Shares (and the timing thereof), Aurania’s objectives, goals or future plans,

statements, exploration results, potential mineralization, the corporation’s portfolio, treasury, management

team and enhanced capital markets profile, the estimation of mineral resources, exploration, timing of the

commencement of operations, and estimates of market conditions. Such forward-looking statements reflect

management’s current beliefs and are based on assumptions made by and information currently available

to Aurania, including the assumption that there will be no material adverse change in meta l prices, all

necessary consents, licenses, permits and approvals will be obtained, including various local government

licenses and the market. Investors are cautioned that these forward-looking statements are neither promises

nor guarantees and are subjec t to risks and uncertainties that may cause future results to differ materially

from those expected. Risk factors that could cause actual results to differ materially from the results

expressed or implied by the forward -looking information include, among o ther things: a failure to obtain

or delays in obtaining the required regulatory licenses, permits, approvals and consents ; an inability to

access financing as needed; an inability to fund or extend the payment of Ecuador mineral concession fees

which are due and payable and could result in the forfeiture of such mineral concessions; an inability to

fund the administrative fees imposed by the Ecuadorian Control and Regulation Agency (ARCOM for its

Spanish acronym) on the mining sector which could render the Company insolvent; a general economic

downturn, a volatile stock price, labour strikes, political unrest, changes in the mining regulatory regime

governing Aurania; a failure to comply with environmental regulations; a weakening of market and industry

reliance on precious metals and base metals; and those risks set out in the Company’s public documents

filed on SEDAR+. Aurania cautions the reader that the above list of risk factors is not exhaustive. Although

the Company believes that the assumptions and factors used in preparing the forward-looking information

in this news release are reasonable, undue reliance should not be placed on such information, which only

applies as of the date of this news release, and no assurance can be given that such events will occur in the

disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any

forward-looking information, whether as a result of new information, future events or otherwise, other than

as required by law.