Auric Minerals Corp. , a critical minerals exploration company based in Oakville, Ontario, announces the closing of its previously announced non-brokered financing of convertible debenture units of the Company for aggregate gross proceeds of $650,000 . Auric issued 650 Debenture Units pursuant to the Placement. Each Debenture Unit is comprised of: one $1,000 principal amount of a convertible debenture ; and 1,000 common [...]
Auric Minerals Corp. has signed an option agreement for the previously announced letter of intent, giving the Company an option to earn 100-per-cent interest in three prospective uranium properties, Caboose, Kawip and Manic; all located in accessible regions of Quebec. Chris Huggins, CEO states, "With the execution of this option agreement, Auric reinforces its commitment to growth through its Eastern Canada exploration [...]
Auric Minerals Corp. is pleased to announce a non-brokered financing of convertible debenture units for up to $1,000,000, and has raised $429,021 from exercised warrants. The debentures will have a two year term, convertible at $0.95 a share, and will pay interest of 8% semi annually in cash or shares at the election of the Company. Each Unit of $1,000 debentures will have 1,000 warrants exercisable at $1.25 at any time [...]
Auric Minerals Corp. is advancing its' strategic position through development and acquisition of prospective uranium assets amid a global revival of nuclear energy, fueled by strong policy support, corporate net-zero targets, and rising interest in stable, carbon-free baseload power. Recent developments in advanced nuclear technology, highlighted by Oklo work on small modular reactors and Orano USA's multibillion-dollar [...]
Auric Minerals Corp. has signed a non-binding letter of intent with an arms length third party to enter into an option agreement to earn 100-per-cent interest in three prospective uranium properties, Caboose, Kawip and Manic; all located in accessible regions of Quebec. Chris Huggins, CEO states, "as Quebec is one of the top ranked mining jurisdictions in the world, Auric is advancing quickly to grow its' portfolio of [...]
Auric Minerals Corp. is pleased to announce it has entered into a consulting agreement with Hardline Exploration Corp. and Jeremy Hanson for geological consulting, exploration consulting and QP services. Chris Huggins, CEO states, "Hardline Exploration and CEO Jeremy Hanson have a strong track record of success in executing geological programs for a variety of significant companies. We are excited to have secured their [...]
Auric Minerals Corp. is pleased to announce it has entered into an option agreement to acquire up to a 100-per-cent interest, free and clear of all encumbrances, except for an underlying net smelter return royalty, in the BUB Uranium Property, located 55 kilometers southwest of Pottsville, NL, in Labrador's prospective Central Mineral Belt . Chris Huggins, CEO states, "by optioning the BUB Uranium property following the [...]
Auric Minerals Corp. is pleased to announce the first phase of its 2025 exploration program on the Route 500 Uranium Property, located in Labrador's prospective Central Mineral Belt . The field team is scheduled to mobilize to the Property in January, 2025. The Route 500 property is located approximately 100 km west south-west of Paladin Energy's 92 Mlb uranium Michelin deposit, and a similar distance east of [...]
Auric Minerals Corp. announces that on December 24, 2024 it filed its annual financial statements and related management's discussion and analysis for the 12 months ended October 31, 2024. These documents are available under the Company's profile on SEDAR+. For further information about Auric Minerals, please contact Chris Huggins +1-604-968-4844 chris@greenwood.capital The Canadian Securities Exchange has neither [...]
Auric Minerals announces that, further to the Company's news release dated Dec 11, 2024, it has completed the filing of the Company's Form 51-102F4 - Business Acquisition Report in connection with its acquisition of Central Uranium Resources, a privately held arm's-length company established under the laws of the Province of BC, and each of the shareholders of CURC, completed on Dec 11, 2024. The BAR, a copy of which is [...]
Auric Minerals announces that it has completed the acquisition of Central Uranium Resources, a privately held arm's-length company established under the laws of the Province of British Columbia, and each of the shareholders of CURC. CURC holds the rights to acquire the Route 500 Property located in the province of Newfoundland and Labrador. The Route 500 Property is located approximately 70 km east-southeast of Churchill [...]
Auric Minerals is pleased to announce the successful completion of its 2024 exploration fieldwork program on the Goodeye Property. The Program included ground prospecting, soil and stream sediment sampling, rock chip sampling, and ground geophysical surveys. Program Highlights Ground Geophysical Surveys Completed 14 ground magnetic and Very Low Frequency survey lines, collecting 6.1 line-km of data. Surveyed eight 500 m [...]