Aurcana Corp. announces the closing of its previously announced acquisition of Ouray Silver Mines, Inc. , which holds the Revenue-Virginius Mine, located in Colorado, pursuant to an arrangement agreement dated September 20, 2018 with LRC-FRSM and LRC-FRSM II . Aurcana acquired all of the issued and outstanding shares of common stock of Ouray from [...]
Aurcana Corp. announces the closing of the first tranche of its non-brokered private placement of subscription receipts , pursuant to which the Company sold an aggregate of 5,621,800 Subscription Receipts at a purchase price of $1.00 per Subscription Receipt for aggregate gross proceeds to the Company of $5,621,800. The Offering is being completed [...]
Aurcana Corp. announces the following updates regarding its planned acquisition of Ouray Silver Mines, Inc. pursuant to a plan of arrangement under the Business Corporations Act : the special meeting of Aurcana shareholders to approve the Arrangement , which was originally scheduled for December 10, 2018, will now be held at 9:30 a.m. on Thursday [...]
Aurcana Corp. is pleased to announce the filing of a technical report in support of a Feasibility Study for the Revenue-Virginius Mine located in Colorado, United States, which is 100% owned by Ouray Silver Mines Inc. , a private company incorporated under the laws of Colorado. In a news release dated July 30, 2018 , the Company announced its [...]
Aurcana Corp. is pleased to announce that, further to the letter of intent announced July 30, 2018, Aurcana has entered into a definitive arrangement agreement with LRC-FRSM and LRC-FRSM II pursuant to which Aurcana will effect a business combination and reverse takeover transaction that will result in, among other things, Aurcana acquiring all of [...]
SHAFTER-British Columbia, July 30, 2018 -- Aurcana Corp. is pleased to announce a series of transactions to enable the Company’s plan to become a multi-asset mid-tier silver producer. The Company will announce its funding approach in the near future and is already in discussions with potential equity partners and non-dilutive capital [...]
British Columbia, June 27, 2018 -- Aurcana Corp. is pleased to advise shareholders that it has received net proceeds of US$582,651 from a mediated settlement of its eminent domain dispute against Trans‐Pecos Pipeline, LLC at the Shafter Silver Project in Presidio County, Texas. Cash proceeds are net of all fees and expenses incurred. Trans Pecos [...]
VANCOUVER, British Columbia, May 07, 2018 -- Aurcana Corp. is pleased to announce that it has completed a non-brokered private placement as announced on April 27, 2018, and issued an aggregate of 13,715,400 units at a purchase price of $0.20 per Unit, raising gross proceeds of $2,743,080. Each Unit consists of one common share and one transferable [...]
British Columbia, April 27, 2018 -- Aurcana Corp. is pleased to announce that it will undertake a non-brokered private placement of up to 15,000,000 units at a price of C$0.20 per Unit, for gross proceeds to the Company of up to C$3,000,000 . Each Unit will consist of one common share in the capital of the Company and one transferable common share [...]
VANCOUVER, British Columbia, April 19, 2018 -- Aurcana Corp. wishes to confirm that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity. Aurcana Corp. owns the Shafter Silver Project in Texas, US. The Shafter Silver Project was put on care [...]
VANCOUVER, British Columbia, Oct. 19, 2017 (GLOBE NEWSWIRE) -- Aurcana Corp. (TSX:AUN) ("Aurcana" or the Company") is pleased to provide a further update of the exploration drilling programme at Shafter, Texas. Diagram of New Gold and Silver Drilling 1.4 miles West of Shafter Five exploration core holes were completed on the [...]
VANCOUVER, British Columbia, Sept. 08, 2017 (GLOBE NEWSWIRE) -- Aurcana Corp. (TSX:AUN) ("Aurcana" or the Company") is pleased to provide an update of the exploration drilling programme at Shafter, Texas. Cross Section Shafter Drilling ...
