Aurania Reports ON Arcom Announcement IN Ecuador
TSX-V: ARU
NR 2025-16
AURANIA REPORTS ON ARCOM ANNOUNCEMENT IN ECUADOR
Toronto, Ontario, June 11, 2025 – Aurania Resources Ltd. (TSXV: ARU; OTCQB: AUIAF;
Frankfurt: 20Q) (“Aurania” or the “Company”) reports on a resolution recently put forth by the
Ecuadorian Control and Regulation Agency (“ARCOM” for its Spanish acronym) related to a new
administrative fee on the mining sector. This resolution has not yet been published in the Official Registry,
and therefore, to our knowledge is not yet in effect.
The intention of this resolution is for all participants in the mining/exploration industry in Ecuador to fund
ARCOM’s efforts to stop illegal mining, strengthen oversight, and enhance the operational capacity of
ARCOM.
The document provides assessments of the amount each mining/exploration company is expected to pay
based on the type of regime, size of concessions and stage of exploration. As presented, this proposed fee
would require the Company to pay approximately US$24 million this year by July 31 st. This figure is
insupportable and represents approximately ten times the amount the Company pays for its annual
concession fees in Ecuador.
The Company is collaborating with the Mining Chamber of Ecuador’s legal commission and all other
mining/exploration companies in Ecuador, to ensure that relevant authorities understand that this fee is not
feasible and will likely place the whole mining/exploration industry in Ecuador at risk. If the resolution is
implemented as currently outlined, the regulation would result in an unsustainable cost burden for
companies operating within the sector and may undermine confidence in Ecuador’s regulatory consistency
and commitment to mining development.
The Company has reached out to the Ecuadorian Government at the highest levels and will continue in
discussions with the Mining Chamber of Ecuador and the Company’s respective legal counsels as joint
industry efforts are taking place to prevent this regulation from being implemented. The Company will
assess options for further courses of action.
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
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 ARCOM resolution,
its impact on the Company and the mining sector in Ecuador, and Aurania’s objectives, goals and future
plans in light of the ARCOM resolution. Such forward-looking statements reflect management’s current
beliefs and are based on assumptions made by and information currently available to Aurania, including
the current status of the ARCOM resolution and the interpretation of the application of the resolution.
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 failure of efforts to dissuade the relevant
authorities to proceed with the ARMCOM resolution, the publication of the ARCOM resolution in its
current form, an application of the ARCOM resolution of more severe consequences than currently
understood and a lack of options for further courses of action, including legal action which would not
provide appropriate relief and, generally, the additional risks identified in our filings with Canadian
securities regulators on SEDAR+ (available at www.sedarplus.ca). Aurania cautions the reader that the
above list of risk factors is not exhaustive. Although the Company has attempted to identify important
factors that could cause actual results to differ materially, there may be other factors that cause results not
to be as anticipated, estimated, described, or intended. Investors are cautioned against undue reliance on
forward-looking statements or information. These forward-looking statements are made as of the date
hereof and, except as required by applicable securities regulations, the Company does not intend, and does
not assume any obligation, to update the forward-looking information.