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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (42922)	4/27/2018 6:01:32 AM
From: Goose94	Read Replies (1) \| Respond to of 203330

Aurcana (AUN-V) Apr 27, '18 is pleased to announce that it will undertake a non-brokered private placement of up to 15,000,000 units (each, a “Unit”) at a price of C$0.20 per Unit, for gross proceeds to the Company of up to C$3,000,000 (the “Offering”). Each Unit will consist of one common share in the capital of the Company (a “Share”) and one transferable common share purchase warrant (a “Warrant”). Each Warrant will entitle the holder thereof to purchase one additional Share at an exercise price of C$0.30 for a term of three years from the closing date (the “Closing Date”) of the Offering. The Company may pay finders’ fees or commissions in connection with the Offering in accordance with the rules and policies of the TSX Venture Exchange (the “TSX-V”). Aurcana intends to use the net proceeds of the Offering for the exploration and development of the Shafter Silver Project in Texas and for general working capital purposes. The closing of the Offering is subject to receipt of all necessary regulatory approval, including the approval of the TSX-V. The Offering will be completed pursuant to exemptions from prospectus requirements of applicable securities laws, and all securities issued in connection with the Offering will be subject to a four month hold period in accordance with applicable Canadian securities laws, commencing on the Closing Date. The securities offered have not been nor will they be registered under the United States Securities Act of 1933, as amended, or state securities laws, and may not be offered or sold in the United States or to an account for the benefit of US persons, absent such registration or an exemption from registration. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities in the United States or in any jurisdiction in which such offer, sale, or solicitation would be unlawful. ABOUT AURCANA CORPORATION Aurcana Corporation owns the Shafter Silver Project in Texas, U.S.A. The Shafter Silver Project was put on care and maintenance in December of 2013, in part due to depressed silver prices. ON BEHALF OF THE BOARD OF DIRECTORS OF AURCANA CORPORTION “Kevin Drover”, President & CEO For further information, visit the website at www.aurcana.com or contact: Aurcana Corporation Phone: (604) 331-9333 Gary Lindsey, Corporate Communications Phone: (720)-273-6224 Email: gary@strata-star.com