Aurcana Closes C$4.49 Million First Tranche of Previously Announced Non-brokered Private Placement Targeting C$5m (up to a Maximum of C$10m)
(WorldNews Canada)

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Vancouver, BC - AUGUST 15, 2019 - Aurcana Corporation (`Aurcana` or the `Company`) (TSXV: AUN) is pleased to announce the completion of the first closing of the previously announced (August 9, 2019) non-brokered private placement offering (the `Private Placement`) targeting 20,000,000 Units (C$5,000,000) at a price of C$0.25 per Unit (the `Units`). The maximum size of the Private Placement would be up to 40,000,000 Units (C$10,000,000). Each Unit consists of one common share of the Company (each, a `Common Share`) and one full common share purchase warrant (each, a `Common Share Purchase Warrant`). Each...