Aurania Resources (TSE:ARU) has released an update.
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Aurania Resources has successfully closed its private placement, raising over C$1.6 million to focus on exploration activities in France and potentially Ecuador. The company also completed a debt settlement by issuing shares to its CEO, Dr. Keith Barron, to conserve cash and enhance its financial position.
For further insights into TSE:ARU stock, check out TipRanks’ Stock Analysis page.