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ARU.V ·

Aurania Enters into Capital Markets Support Agreement with Noble Capital

Corporate Updates

TSX-V: ARU

NR 2018-33

AURANIA ENTERS INTO CAPITAL MARKETS SUPPORT AGREEMENT WITH NOBLE CAPITAL

Toronto, Ontario, October 9, 2018 – Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF)

(FRANKFURT: 20Q) (“Aurania” or the “Company”) reports that it has entered into a capital markets support

agreement (the “Agreement”) with Noble Capital Markets Inc. (“Noble”), a Florida corporation.

Noble is a FINRA- and SEC- register ed broker dealer with knowledge and experience with respect to building

corporate awareness to investors, cap ital markets transactions, long-range pl anning and capital markets structuring

and other matters that may be significant to the future business and operations of the Company.

Noble will assist the Company by broadening the Comp any’s exposure within the U.S. and Latin American

investment communities. The term of the Agreement is one year commencing on October 1, 2018. In consideration

for the exposure services provided by Noble, the Company has agreed to pa y a total fee of US$111,000 the first

year, paid quarterly.

Aurania and Noble are not related, and Noble does not have any direct or indirect material interest in the Company

or its securities or right to acquire any.

All matters reported herein are subject to TSX Venture Exchange approval and to compliance with all applicable

regulatory requirements.

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.

About Aurania

Aurania is a junior exploration mining company enga ged in the identification, evaluation, acquisition and

exploration of mineral property interests, with a focus on precious metals and copper. Its flagship asset, The Lost

Cities – Cutucu Project, is located in the Jurassic Metalloge nic Belt in the eastern foothills of the Andes mountain

range of southeastern Ecuador.

Information on Aurania and tec hnical reports are available at www.aurania.com and www.sedar.com, 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

Manager – Investor Services

Aurania Resources Ltd.

(416) 367-3200

[email protected]

Dr. Richard Spencer

President

Aurania Resources Ltd.

(416) 367-3200

[email protected]