Aurion Closes C$9.3 Million Strategic Investment

Executive Summary

• Aurion Resources closed a non‑brokered private placement raising C$9.29 million from a strategic investor.
• The investor now holds ~6.88% of the company on a non‑diluted basis (≈9.98% partially diluted) and received board nomination rights.
• At least 75% of net proceeds will be used to fund exploration and technical work on Aurion’s 100%-owned Risti project.

Key Details

• Units sold: 11,060,000 units at C$0.84 per unit for total consideration of C$9,290,400.
• Unit composition: each unit = 1 Common Share + ½ of a Common Share purchase warrant.
• Warrant terms: warrants allow purchase of one Common Share at C$1.08 for three years from closing; may accelerate under certain conditions.
• Ownership post‑offering: Strategic Investor holds ~6.88% non‑diluted, ~9.98% partially diluted.
• Investor Rights Agreement: grants the investor (i) pro‑rata participation in future equity financings and ability to increase holdings up to 9.99% (partially diluted); (ii) right to nominate one director (or two if board expands to ≥8 directors).
• Hold period: Common Shares issued are subject to a four‑month‑plus‑one‑day hold period per securities law requirements.
• Use of proceeds: Minimum 75% of net proceeds earmarked for advancing exploration and technical programs on the Risti project.
• Closing date: September 3, 2025 (concurrent with execution of Investor Rights Agreement).

Notable Quotes

“The successful closing of this strategic financing provides us with the capital needed to accelerate our Risti exploration program and underscores confidence from a sophisticated investor in Aurion’s growth trajectory.” – Matti Talikka, CEO, Aurion Resources Ltd.