|Bid||0.2450 x 0|
|Ask||0.2650 x 0|
|Day's Range||0.2450 - 0.2650|
|52 Week Range||0.2100 - 1.1500|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.15|
AURCANA CORPORATION ("Aurcana" or the "Company") (AUN.V) is pleased to provide an update on the progress made at its wholly owned Revenue-Virginius mine located near the town of Ouray, Colorado USA. In addition, and consistent with the strategic vision announced June 19, 2019, Aurcana is initiating the planned vertical development to access the 1500 level in the Monagnahela area of the mine. Once the vertical access is completed, we will be in a position to sample and assay along the 1500 level in conjunction with the planned lateral development.
Each Unit consists of one common share of the Company (each, a “Common Share”) and one full common share purchase warrant (each, a “Common Share Purchase Warrant”). Each Common Share Purchase Warrant will enable the holder to purchase one Common Share at a price of C$0.375 for a period of 36 months from the date of issuance.
AURCANA CORPORATION ("Aurcana" or the "Company") (AUN.V) is pleased to announce a non-brokered private placement offering (the “Private Placement”) targeting 20,000,000 Units (C$5,000,000) at a price of C$0.25 per Unit (the “Units”). The maximum size of the Private Placement would be up to 40,000,000 Units (C$10,000,000). Each Unit will consist of one common share of the Company (each, a “Common Share”) and one full common share purchase warrant (each, a “Common Share Purchase Warrant”).
AURCANA CORPORATION ("Aurcana" or the "Company") (AUN.V) is pleased to announce today its updated strategic vision to enhance shareholder value. The Company’s strategic vision, which has been developed by the board and management of the Company in the context of current market conditions following successful completion of the Company’s transformative 2018 acquisition and financing transactions, focuses on a plan to increase mineral resources and reserves at the Company’s production ready Revenue-Virginius Mine in Ouray, Colorado (the “RV Mine”).
Aurcana Corporation ("Aurcana" or the "Company") (AUN.V) The Colorado Mining Association (CMA) awarded Ouray Silver Mining Inc, owned by Aurcana Corporation, it’s 2018 Hardrock “Best of the Best” Environmental Sustainability Award for 2018. At Ouray Silver’s Revenue-Virginius Mine, in Ouray, Colorado, the company worked to solve a materials handling challenge by identifying a beneficial reuse for its waste rock and tailings generated by its mining operations.
Aurcana Corporation ("Aurcana" or the "Company") (AUN.V) is pleased to announce the appointment of Brian K. Briggs PEng to the position of Chief Operating Officer of Aurcana Corporation. In his new role, Mr. Briggs will oversee both of Aurcana’s development projects, the Revenue-Virginius Mine, located near Ouray, Colorado and the Shafter Mine, located near Presidio, Texas. Mr. Briggs has more than 30 years of engineering, environmental, mine development and mining operations experience throughout North America and Africa.
Aurcana Corporation (AUN.V) (“Aurcana” or the “Company ”) announces the closing of its previously announced acquisition of Ouray Silver Mines, Inc. (“Ouray”), 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 (collectively, the “LRC Group”). Aurcana acquired all of the issued and outstanding shares of common stock of Ouray from the LRC Group on a debt free basis in exchange for newly issued common shares of Aurcana (“Aurcana Shares”) pursuant to a plan of arrangement under the Business Corporations Act (British Columbia) (the “Arrangement”).
Aurcana Corporation (AUN.V) (“Aurcana” or the “Company”) announces the closing of the first tranche of its non-brokered private placement (the “Offering”) of subscription receipts (the “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 in connection with Aurcana’s planned acquisition of Ouray Silver Mines, Inc. (“Ouray”) pursuant to a plan of arrangement under the Canada Business Corporations Act (the “Arrangement”).