TORONTO, Sept. 22,
2022 /CNW/ - In accordance with the requirements of
Section 3.1 of National Instrument 62-103, Lotan Holdings Inc.
("Lotan"), of 120 Adelaide Street West, Suite 1410,
Toronto, Ontario, M5H 1T1
announces that it has acquired 100,000 common shares (the
"Shares") of Aurion Resources Ltd. ("Aurion"), of 120
Torbay Road, Suite W220, St. John's,
NL A1A 3G8 through the facilities of the TSX Venture
Exchange (the "Transaction"). Lotan now owns or has control
of 11,836,582 Shares of Aurion, or approximately 10.04% of the
current issued and outstanding Shares of Aurion.
Immediately prior to the Transaction, Lotan held 11,736,582
Shares representing approximately 9.96% of the issued and
outstanding Shares of Aurion. Immediately after the Transaction,
Lotan held 11,836,582 common shares representing 10.04% of the
issued and outstanding common shares of Aurion.
Lotan acquired the Shares for investment purposes and may
acquire additional securities or dispose of existing securities of
Aurion, in the market or privately, from time to time as
circumstances warrant. The securities of Lotan set out above are
held directly, and not through control of another entity.
Aurion trades on the TSX Venture Exchange under the symbol
"AU".
A copy of the early warning report filed by Lotan in connection
with this acquisition is available on the SEDAR website at
www.sedar.com or by contacting Lotan at 416-646-7325.
Lotan Holdings Inc.
/s/ "David Lotan"
David Lotan, President
SOURCE Lotan Holdings Inc