Brief: Aurion announces private placement financing with Kinross Gold Corporation

Aurion Resources

07/09/2017 17:22

Sept 7 (Reuters) - Aurion Resources Ltd  AU.V : 
    * Aurion announces private placement financing with Kinross 
Gold Corporation 
    * Aurion Resources Ltd says private placement will result in 
issuance of 6.8 million shares 
    * Aurion Resources Ltd says on closing, Kinross will own 
9.98% of then issued shares of Aurion 
    * Aurion Resources Ltd says net proceeds from private 
placement will be used by company for exploration and 
development of its properties in Finland 
    * Aurion Resources says co has negotiated non-brokered 
private placement of common shares with Kinross Gold 
Corporation at a price of $2.32 per common share 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nGNXOECJMa 
Further company coverage:  AU.V  
 
 ((Bangalore.newsroom@thomsonreuters.com;))