Aurion Resources Ltd. announced a brokered private placement on a best efforts basis for issuance of 9,090,909 common shares at a price of CAD 0.55 per common share for gross proceeds of CAD 4,999,999.95 on July 16, 2024. The agents will have an option, exercisable in full or in part, up to 48 hours prior to the closing of the offering, to sell up to an additional 1,818,182 shares for additional gross proceeds of up to CAD 1,000,000.1. The offering is scheduled to close on or around August 7, 2024, or such other date as the company and the agents may agree, and is subject to certain conditions including, but not limited to, receipt of all necessary approvals including the approval of the TSX Venture Exchange.

On the same date, the company announced that it has increased the size of its previously
announced fully marketed private placement to issue 11,818,182 common shares at an issue price of CAD 0.55 per share for the gross proceeds of CAD 6,500,000.01. The Company has granted the Agents an option, exercisable in full or in part, up to 48 hours prior to the closing of the Offering, to sell up to an additional 2,727,273 Shares for additional gross proceeds of up to CAD 1,500,000. If the Agents? Option is exercised in full, the aggregate gross proceeds of the Offering will be approximately CAD 8,000,000.