Aurelius Minerals Inc. announced a non-brokered private placement of 9,523,809 common shares at a price of CAD 0.0525 per common share for the gross proceeds of up to CAD 500,000 and 6,400,000 Flow-Through shares at a price of CAD 0.0625 per Flow-Through share for the gross proceeds of CAD 400,000; for aggregate gross proceeds of up to CAD 900,000 on December 22, 2022. The securities issued are subject to a statutory four-month hold period expiring on April 23, 2023. The transaction is subject to final acceptance of the TSX Venture Exchange. The company may pay a cash commission of 6% of the gross proceeds on certain of the future subscriptions.

On the same date, The company issued 1,485,713 common shares at a price of CAD 0.0525 per common share, for aggregate gross proceeds of CAD 78,000 in its first tranche. The Company hopes to close additional tranches before January 13, 2023.