ST.
JOHN'S, NL, May 6, 2024
/CNW/ - Aurion Resources Ltd. (TSXV: AU) (OTCQX:
AIRRF) ("Aurion" or the "Company") wishes to update
shareholders with respect to the status of the Company's Right of
First Refusal ("ROFR") as set out in the Company's news release
dated March 11, 2024 (the "Prior News
Release"). The ROFR expires on May 9,
2024.
The Company is considering a number of options as a result of
receiving the Notice of Sale and Offer (as defined in the Prior
News Release) and has held discussions with several parties in
connection with determining its response to the Notice of Sale and
Offer. The Company is also considering a range of other strategic
alternatives, at both the asset and corporate level. It is likely
that certain of these discussions will continue beyond the current
expiry date of the Notice of Sale and Offer, whether or
not Aurion accepts the offer set forth in the Notice of Sale
and Offer.
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.
