Ecuador
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Aurelian ups financing to US$9.24mn

Bnamericas
Toronto-based Aurelian Resources (TSX-V: ARU) reported that it has increased its previously announced financing by Cdn$2.0mn to a total of Cdn$12.0mn (US$9.24mn). The financing will now involve the issue of 5.33 million units, up from the previous 4.4 million, at a price of Cdn$2.25 apiece, of which 1.8 million units (Cdn$4.05mn) are being sold on a bought deal basis, the company said in a statement. Proceeds will be used to advance exploration at Aurelian's properties in Ecuador and for general corporate purposes, it said.

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