ST.
JOHN'S, NL, July 9, 2024
/CNW/ - Aurion Resources Ltd. (TSXV: AU) (OTCQX: AIRRF)
("Aurion" or the "Company") confirms that, in response to
the press release issued by Rupert Resources Ltd. ("Rupert") on
July 8, 2024, the Company has had
preliminary discussions with Rupert regarding a potential
transaction.
No agreement has been entered into at this time, and there can
be no assurance that any such agreement will be reached, or that
any such agreement will ultimately result in a completed
transaction, or that any of the expected objectives or outcomes
will be realized. The company intends to provide further updates as
circumstances warrant and in accordance with applicable securities
laws.
"We appreciate Rupert's interest in Aurion's properties, which
we understand could be of significant benefit to Rupert and its
Ikkari project. We would welcome Rupert as our new partner in the
joint venture or some form of arrangement that would create value
for all parties," stated Matti
Talikka, CEO of Aurion. "Aurion looks forward to resuming
exploration on its 100%-owned Risti property, where multiple
discoveries are expected to add further benefit to this emerging
world class gold camp. Aurion and its partners have made
significant investments in Northern
Finland to advance multiple discoveries and will remain
focused on pursuing opportunities that build value for all
stakeholders."
About Aurion Resources Ltd.
Aurion Resources Ltd. (Aurion) is a well-funded, Canadian
exploration company listed on the TSX Venture Exchange (TSX-V: AU)
and the OTCQX Best Market (OTCQX: AIRRF). Aurion's strategy is to
generate or acquire early-stage precious metals exploration
opportunities and advance them through direct exploration by our
experienced team or by business partnerships and joint venture
arrangements. Aurion's current focus is exploring on its Risti
project, as well as advancing its joint venture properties with
B2Gold Corp. and Kinross Gold in
Finland.
On behalf of the Board of Directors,
Matti Talikka, CEO
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Aurion Resources Ltd.