Transactions

Transactions

Overview

Aurion Resources Ltd. Completes $10 Million Brokered Financing

July 31, 2019

Aurion Resources Ltd. (TSXV: AU), a company engaged in the evaluation, acquisition and exploration of mineral properties in Finland, Sweden and the United States, has completed an overnight marketed private placement of 6,666,666 common shares (“Common Shares”), at a price of $1.50 per Common Share for aggregate gross proceeds of $9,999,999 (the “Offering”).

The Offering was led by Cormark Securities Inc. on behalf of a syndicate of underwriters including Haywood Securities Inc., Medalist Capital Ltd., PI Financial Corp., Canaccord Genuity Corp., and Sprott Capital Partners LP (collectively, the “Underwriters”).

Wildeboer Dellelce LLP acted for the Underwriters in connection with the Offering with a team that consisted of Charlie Malone, Rebecca Cochrane, and Katie Drury (corporate/securities).