Transactions

Peterson McVicar acts for Aurania Resources in a $6 Million Financing of Common Shares

On March 2, 2017 Aurania Resources Ltd. (“Aurania”) announced that it had entered into a definitive purchase and sale agreement to acquire EcuaSolidus S.A. (“ESA”), a company incorporated under the laws of the Republic of Ecuador from Dr. Keith Barron, the President and CEO of Aurania (the “Transaction”). As a condition of closing of the Transaction, Aurania will complete a financing to raise aggregate gross proceeds of no less than $6,000,000 at a price of no less than $1.00 per share, with an overallotment option of up to an additional 15%.

Aurania Resources Ltd. is a mineral exploration company engaged in the business of acquiring and exploring mineral resource properties. It is currently exploring for gold, copper, silver and uranium on its three mineral properties, namely the Mont Chemin, Marécottes and Siviez projects, which cover approximately 99 km2 in south-western Switzerland. Proceeds from the Financing will be specifically allocated to the Transaction for property exploration, loan repayments, and working capital.

Back

Recent Transactions

31 December 2021

Peterson McVicar Acts for Bitfarms in $100 Million Credit Facility

Learn More

08 December 2021

Peterson McVicar Acts for Red Cloud in Upsize of Fission 3.0 Brokered Private Placement to up to C$7.5 Million

Learn More

11 November 2021

Peterson McVicar acts for Bitfarms as it Acquires 24 Megawatts of Hydro Power in the U.S. and Enters into Memorandum of Understanding to Expand Up to 99 MW

Learn More

09 November 2021

Peterson McVicar Acts for HIVE Blockchain in $110,020,000 Bought Deal Private Placement Financing

Learn More