Aurania Completes Payment of Mineral Concession Fees
Aurania Resources (OTCQB: AUIAF) has successfully completed the payment of its 2024 mineral concession fees for its property in Ecuador. The company is currently in negotiations with various Ecuadorian government departments regarding the payment arrangement for its 2025 annual concession fees. CEO Dr. Keith Barron expressed strong confidence in the project's potential, particularly highlighting opportunities in gold, silver, and copper mining. The company confirms that its property in Ecuador remains in good standing while discussions for a new payment agreement continue.
Aurania Resources (OTCQB: AUIAF) ha completato con successo il pagamento delle tasse per le concessioni minerarie del 2024 relative alla sua proprietà in Ecuador. L'azienda è attualmente in trattativa con diversi dipartimenti governativi ecuadoriani per definire le modalità di pagamento delle tasse annuali per il 2025. Il CEO, Dr. Keith Barron, ha espresso grande fiducia nel potenziale del progetto, sottolineando in particolare le opportunità nell'estrazione di oro, argento e rame. L'azienda conferma che la sua proprietà in Ecuador è in regola mentre proseguono le discussioni per un nuovo accordo di pagamento.
Aurania Resources (OTCQB: AUIAF) ha completado con éxito el pago de las tasas de concesión minera correspondientes a 2024 para su propiedad en Ecuador. La compañía se encuentra actualmente en negociaciones con varios departamentos gubernamentales ecuatorianos para acordar el pago de las tasas anuales de concesión de 2025. El CEO, Dr. Keith Barron, expresó gran confianza en el potencial del proyecto, destacando especialmente las oportunidades en la minería de oro, plata y cobre. La empresa confirma que su propiedad en Ecuador se mantiene en buen estado mientras continúan las conversaciones para un nuevo acuerdo de pago.
Aurania Resources (OTCQB: AUIAF)는 에콰도르에 있는 자산의 2024년 광산 허가료 납부를 성공적으로 완료했습니다. 현재 회사는 2025년 연간 허가료 납부 방안에 대해 여러 에콰도르 정부 부처와 협상 중입니다. CEO인 Dr. Keith Barron은 프로젝트의 잠재력에 대해 강한 신뢰를 표명하며 특히 금, 은, 구리 광산 개발 기회를 강조했습니다. 회사는 에콰도르 내 자산이 좋은 상태임을 확인하며 새로운 납부 합의가 진행 중임을 알렸습니다.
Aurania Resources (OTCQB : AUIAF) a réussi à régler les frais de concession minière pour 2024 concernant sa propriété en Équateur. La société est actuellement en négociations avec plusieurs départements gouvernementaux équatoriens au sujet des modalités de paiement des frais annuels de concession pour 2025. Le PDG, Dr Keith Barron, a exprimé une forte confiance dans le potentiel du projet, mettant particulièrement en avant les opportunités dans l'extraction de l'or, de l'argent et du cuivre. La société confirme que sa propriété en Équateur reste en règle pendant que les discussions pour un nouvel accord de paiement se poursuivent.
Aurania Resources (OTCQB: AUIAF) hat die Zahlung der Mineralerlaubnisgebühren für 2024 für sein Grundstück in Ecuador erfolgreich abgeschlossen. Das Unternehmen befindet sich derzeit in Verhandlungen mit verschiedenen ecuadorianischen Regierungsstellen über die Zahlungsmodalitäten für die jährlichen Konzessionsgebühren 2025. CEO Dr. Keith Barron zeigte großes Vertrauen in das Potenzial des Projekts und hob insbesondere die Chancen im Bereich Gold-, Silber- und Kupferbergbau hervor. Das Unternehmen bestätigt, dass sein Grundstück in Ecuador in gutem Zustand bleibt, während die Gespräche über eine neue Zahlungsvereinbarung andauern.
- Full payment of 2024 mineral concession fees completed
- Property maintains good standing status in Ecuador
- Active negotiations with government for 2025 fee arrangements
- Pending resolution for 2025 concession fee payment agreement
- Need for negotiation suggests potential financial constraints
Toronto, Ontario--(Newsfile Corp. - May 9, 2025) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") announces that further to its news release dated April 30, 2025, the 2024 mineral concession fees for the Company's property in Ecuador have been paid in full.
President and CEO, Dr. Keith Barron commented, "I'm a very big believer in our project in Ecuador, not just for gold but for silver, for copper, and the cornucopia of minerals there. I'm a great believer in Aurania and I put my money where my mouth is."
To watch a short video of Dr. Barron, talking about gold, Aurania, and Ecuador, click here: https://youtu.be/6teqix9g_RY
The Company continues its negotiation for an agreement for payment of its 2025 annual concession fees with various departments of the Ecuadorian government. The Company maintains its property in Ecuador in good standing while a new agreement is under consideration.
About Aurania
Aurania is a mineral exploration company engaged in the identification, evaluation, acquisition, and exploration of mineral property interests, with a focus on precious metals and copper in South America. Its flagship asset, The Lost Cities - Cutucu Project, is located in the Jurassic Metallogenic Belt in the eastern foothills of the Andes mountain range of southeastern Ecuador.
Information on Aurania and technical reports are available at www.aurania.com and www.sedarplus.ca, as well as on Facebook at https://www.facebook.com/auranialtd/, Twitter at https://twitter.com/auranialtd, and LinkedIn at https://www.linkedin.com/company/aurania-resources-ltd-.
For further information, please contact:
Carolyn Muir |
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains forward-looking information as such term is defined in applicable securities laws, which relate to future events or future performance and reflect management's current expectations and assumptions. The forward-looking information includes statements regarding Aurania's objectives, goals or future plans, statements, exploration results, potential mineralization, the corporation's portfolio, treasury, management team and enhanced capital markets profile, the estimation of mineral resources, exploration, timing of the commencement of operations, and estimates of market conditions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to Aurania, including the assumption that, there will be no material adverse change in metal prices, all necessary consents, licenses, permits and approvals will be obtained, including various local government licenses and the market. Investors are cautioned that these forward-looking statements are neither promises nor guarantees and are subject to risks and uncertainties that may cause future results to differ materially from those expected. Risk factors that could cause actual results to differ materially from the results expressed or implied by the forward-looking information include, among other things, an inability to settle a schedule for the payment of annual concession fees on terms which are satisfactory or all with the result that the mineral concession renewals may be of no effect and the property interests are jeopardized, a failure to obtain or delays in obtaining the required regulatory licenses, permits, approvals and consents, an inability to access financing as needed, a general economic downturn, a volatile stock price, labour strikes, political unrest, changes in the mining regulatory regime governing Aurania, a failure to comply with environmental regulations, a weakening of market and industry reliance on precious metals and copper and the additional risks identified in our filings with Canadian securities regulators on SEDAR+ (available at www.sedarplus.ca). Aurania cautions the reader that the above list of risk factors is not exhaustive. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, described, or intended. Investors are cautioned against undue reliance on forward-looking statements or information. These forward-looking statements are made as of the date hereof and, except as required by applicable securities regulations, the Company does not intend, and does not assume any obligation, to update the forward-looking information.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/251555
FAQ
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