On July 15, 2020, Aurelius Minerals Inc. closed a non-brokered private placement offering of common share units at a price of $0.05 per common share unit for aggregate gross proceeds of approximately $2.26 million, and a concurrent non-brokered private placement offering of flow-through units at a price of $0.055 per flow-through unit for aggregate gross proceeds of approximately $2.14 million. The aggregate gross proceeds of the offering is approximately $4.4 million.
Cassels acted for Aurelius with a deal team that included Jay King and Jackson Phillips (Securities and Mining) and Chris Norton and Tera Li Parizeau (Tax).