Aurania Appoints Thomas Ullrich as Special Advisor to Support Advancement of Strategic Projects
TSX-V: ARU
NR 2026-16
AURANIA APPOINTS THOMAS ULLRICH AS SPECIAL ADVISOR TO SUPPORT
ADVANCEMENT OF STRATEGIC PROJECTS
Toronto, Ontario, July 23, 2026 – Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF)
(Frankfurt: 20Q) (“Aurania” or the “Company”) is pleased to announce that its Board of Directors have
appointed Mr. Thomas Ullrich as Special Advisor to the Company, effective immediately.
Mr. Ullrich, is currently an independent director of the Company and has over 35 years of
experience in mineral exploration and geoscience
Working closely with Aurania’s President and CEO, Dr. Keith Barron, Mr. Ullrich will support the
advancement of Aurania’s projects by providing strategic guidance on the operational and mineral
exploration activities of the Company
The Board of Directors has granted Mr. Ullrich 350,000 stock options as compensation for his role
as Special Advisor
"Tom Ullrich has been a highly valued member of our Board since July 2022 and brings extensive technical
experience in the mining industry as well as capital markets, project evaluation and project advancement
experience," said Dr. Keith Barron, Chairman, President and CEO of the Company. "As we advance our
exploration and development initiatives, we believe Tom’s increased involvement and support will
strengthen our ability to unlock value across our project portfolio while supporting our long-term strategy."
Mr. Ullrich has over 35 years of experience in mineral exploration and geoscience. He has been the CEO
and director of Aston Bay since 2016. Prior to that, Mr. Ullrich was Chief Geologist North America for
Antofagasta Minerals plc, investigating the region’s copper potential through extensive property
evaluations and management of drill programs in the United States, Mexico and Canada. Prior to
Antofagasta, he was Senior Geologist for Almaden Minerals, where he managed the drill program for the
team’s discovery of the Ixtaca Ag-Au deposit in Mexico. Mr. Ullrich also established the Ar-Ar
geochronology lab at the University of British Columbia and studied the Candelaria Cu-Au mine, Chile,
while at Queen’s University. Mr. Ullrich is also on the Technical Advisory Board for American West Metals
Limited.
"I am pleased to take on this expanded role and work more closely with the management team," said Thomas
Ullrich. "Aurania’s CEO, Keith Barron has assembled a unique and compelling collection of projects
globally, including strategically important projects for critical minerals. I look forward to contributing to
the advancement of these projects and supporting Aurania's efforts to create long-term value for
shareholders."
In his capacity as Special Advisor to advise and oversee the Company’s operational and exploration
activities, Mr. Ullrich may also assist in the evaluation of strategic opportunities, project management,
strengthening industry relationships and prioritizing specific initiatives within Aurania’s portfolio of
projects.
Thomas Ullrich will continue to serve as a director of the Company's board of directors while undertaking
these advisory responsibilities and will report to the board of directors.
In conjunction with the aforementioned appointment and pursuant to the Company’s Stock Option Plan,
the Board of Directors granted Mr. Ullrich 350,000 stock options on July 22, 2026 at an exercise price of
C$0.215. These options are exercisable for five years from the date of grant and the options shall vest in
thirds on the date of grant and each of the first and second anniversaries of the dates of grant. In the event
Mr. Ullrich intends to exercise such stock options, he shall be solely responsible for paying the entirety of
the exercise price.
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 critical energy in Europe and
abroad.
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
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 Mr. Ullrich’s proposed role and
responsibilities as Special Advisor to the Company, and that Mr. Ullrich’s increased involvement and
support will strengthen the Company’s ability to unlock value across its project portfolio while supporting
its long-term strategy, Aurania’s objectives, goals, future plans or other statements of intent, Aurania’s
ongoing engagement in the identification, evaluation, acquisition and exploration of mineral property
interests, and any potential exploration results or potential mineralization resulting therefrom and Aurania’s
ongoing exploration efforts in France, Italy, Ecuador and abroad, 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 metal prices and 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 subject 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 other things, the state of the
capital markets generally and of the mining markets more particularly, any commodity prices supply chain
disruptions, restrictions on labour and workplace attendance and local and international travel due to war,
weather, pandemics or otherwise; a failure to obtain or delays in obtaining the required regulatory licenses,
permits, approvals and consents; an inability to access financing as needed, including pursuant to the Loan;
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, copper and critical minerals; 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.