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Aurbis Resources Corp. To Start Trading Under New Name

Aurbis Resources Rebrands Following Nevada Gold Acquisition; Shares Consolidate Near $0.25

By The Northwire Desk — AI Analysis Apr 28, 2026 · 07:01 QNI · 0.23 Quebec Nickel Corp.

Executive Summary

Corporate Identity Shift: Quebec Nickel Corp. officially rebranded to Aurbis Resources Corp. (CSE: AURR) effective April 28, 2026.
Trading Symbol Change: The ticker symbol changed from QNI to AURR; CUSIP updated to 051534105.
Asset Integration: This confirms the completion of the strategic acquisition of the Ecru Gold Project in Nevada announced and closed in April 2026.
Board Expansion: Richard Dufresne, a geologist with nearly 40 years of experience (including Infield Minerals), joined the Board.
Equity Grants: Stock options granted to directors/officers/consultants totaling 1,400,000 shares at $0.25 exercise price, expiring in two years.
Financial Clarification: Aggregate cash finder's fees paid for recent financing clarified as $34,625 (up from previous disclosure of $23,900).

Material Impact

Strategic Pivot Confirmation: The name change validates the company's transition from a Nickel-focused entity to a Gold exploration play. This aligns the corporate identity with its primary asset value driver (Ecru Project in Nevada).
Expected Administrative Step: The intention to rename was announced on February 27, 2026 ("intends to rename... pending final regulatory approval"). Therefore, this specific news is a procedural confirmation rather than unexpected market-moving information.
Valuation Narrative: While the acquisition itself (April 13) was material, this release confirms the operational integration of that asset under the new ticker. It removes ambiguity regarding the company's future focus but does not introduce new geological or financial data.
Dilution Concerns: The issuance of 1,400,000 options at $0.25 adds to the existing warrant overhang (Jan 2026 warrants at $0.225; Mar 2026 warrants at $0.40). This increases potential future dilution if exercised or sold by insiders.
Finder's Fee Adjustment: The increase in disclosed finder's fees ($10,725 difference) suggests higher transaction costs than initially reported, slightly impacting net proceeds efficiency but not materially altering the balance sheet given the small absolute value.

QNI · Price

Company Overview

Company: Aurbis Resources Corp. (formerly Quebec Nickel Corp.).
Flagship Project: Ecru Gold Project, Nevada.
Location: Cortez/Battle Mountain Trend, adjacent to Nevada Gold Mines' Robertson Deposit; less than 2 km from the Robertson Gold Discovery.
Geology: High potential for intrusive-related gold mineralization and/or Carlin-type mineralization along the Cortez Fault system.
Status: Acquisition completed April 10, 2026. Company is in the technical review phase prior to NI 43-101 reporting.
Historical Work: Geophysical surveys (2014–2018), gravity/magneto telluric surveys, and 2022 soil sampling identified geochemical anomalies analogous to Robertson targets.

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