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OTTAWA, ONTARIO--(Marketwired - May 25, 2015) - Aura Silver Resources Inc. (TSX VENTURE:AUU) ("Aura Silver" or the "Company") announces that it is undertaking a non-brokered private placement offering to raise gross proceeds of up to $500,000. The Company has applied for, and received, conditional approval from the TSX Venture Exchange for a waiver from the five-cent minimum price requirement. Under the terms of the proposed offering, Aura Silver would issue a minimum of 6,666,667 units for gross proceeds of $100,000 and a maximum of 33,333,333 units for gross proceeds of $500,000. The units would be issued at $0.015 (1.5 cents) per unit (the "Offering"). |
