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ARU.V ·

Aurania Resources Unaware of Any Material Change

Listings & Exchange Regulatory & Compliance

TSX-V: ARU

NR 2020-30

AURANIA RESOURCES UNAWARE OF ANY MATERIAL CHANGE

Toronto, Ontario, September 17, 2020 – Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF)

(Frankfurt: 20Q) (“Aurania” or the “Company”) confirms that management is unaware of any material

change in the Company’s operations that would account for the recent increase in market activity.

Aurania commenced drilling at the Tsenken N2 copper-silver target in southeastern Ecuador as reported in

the pre ss release dated September 14, 2020 . The Company also announced in a press release dated

September 15, 2020, th at management is attending the Precious Metals Summit - Beaver Creek (virtual)

conference (“Beaver Creek”) being held September 15- 17, 2020. The link to the replay of Dr. Keith

Barron’s presentation during Beaver Creek can be found below.

Link to Presentation Replay (requires registration)

Webcast URL: https://wsw.com/webcast/preciousmetals/aru.v/

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.sedar.com, as

well as on Facebook at h ttps://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 Investor Relations

Aurania Resources Ltd.

(416) 367-3200

[email protected]

Dr. Richard Spencer

President

Aurania Resources Ltd.

(416) 367-3200

[email protected]

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.

Forward-Looking Statements

This news release may contain forward-looking information that involves substantial known and unknown

risks and uncertainties, most of which are beyond the control of Aurania. Forward -looking statements

include estimates and statements that describe Aurania’s future plans, objectives or goals, including words

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to the effect that Aurania or its management expects a stated condition or result to occur. Forward-looking

statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”,

“could”, “would”, “will”, or “plan”. Since forward -looking statements are based on assumptions and

address future events and conditions, by their very nature they involve inherent risks and uncertainties.

Although these statements are based on information currently availabl e to Aurania, Aurania provides no

assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors

involved with forward-looking information could cause actual events, results, performance, prospects and

opportunities to differ materially from those expressed or implied by such forward- looking information.

Forward looking information in this news release includes, but is not limited to, Aurania’s objectives, goals

or future plans, statements, exploration results, pot ential mineralization, the corporation’s portfolio,

treasury, management team and enhanced capital markets profile, the estimation of mineral resources,

exploration and mine development plans, timing of the commencement of operations and estimates of

market conditions. Factors that could cause actual results to differ materially from such forward -looking

information include, but are not limited to, failure to identify mineral resources, failure to convert estimated

mineral resources to reserves, the inability to complete a feasibility study which recommends a production

decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain

required governmental, regulatory, environmental or other project approvals, politica l risks, inability to

fulfill the duty to accommodate indigenous peoples, uncertainties relating to the availability and costs of

financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations

in commodity prices, delays in the development of projects, capital and operating costs varying significantly

from estimates and the other risks involved in the mineral exploration and development industry, and those

risks set out in Aurania’s public documents filed on SE DAR. Although Aurania 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. Aurania 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.