Aurelius Announces Completion of $150,000 Financing

TORONTO, Oct. 30, 2019 (GLOBE NEWSWIRE) -- Aurelius Minerals Inc. (TSX.V: AUL) (the a??Companya?? or a??Aureliusa??) announces that it completed a non-brokered placement offering (the a??Offeringa??) of 3,000,000 common share units (a??Common Share Unitsa??) at a price of $0.05 per Common Share Unit for aggregate gross proceeds of $150,000.
Each Common Share Unit consists of one common share of the Company (a a??Common Sharea??) and one-common share warrant (a??Common Share Warranta??), with each warrant entitling the holder thereof to acquire one Common Share at a price of $0.06 per Common Share for a period of two years following the closing of the Offering.The net proceeds from the issuance of the Common Share Units will be used for general corporate purposes. The Company did not pay any commission in respect of this financing.The Offering is subject to receipt of applicable regulatory approvals including the approval of the TSX Venture Exchange.The securities issued in connection with the offering are subject to a standard four month hold period expiring March 2, 2020.
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