Aurelius Minerals Inc. announced that it has received CAD 4.39946 million in funding from Dundee Goodman Merchant Partners, Northfield Capital Corporation, Sprott Resource Lending Corp., Leede Jones Gable Inc.

On July 17, 2020, Aurelius Minerals Inc. (TSXV:AUL) closed the transaction. The company issued 45,130,000 common share units at a price of CAD 0.05 per unit for proceeds of CAD 2,256,500 and 38,962,909 flow-through units at a price of CAD 0.055 per unit for gross proceeds of CAD 2,142,960 for an aggregate gross proceeds of CAD 4,399,460 from 80 placees. The transaction included participation from existing investor Sprott Resource Lending Corp.

for 5,650,000 flow-through shares, new investors Northfield Capital Corporation, Dundee Goodman Merchant Partners (New Venture Equities Fund LP) for 10,000,000 non flow-through shares, Mark N. J. Ashcroft for 500,000 flow-through shares, Germaine Coombs for 400,000 non-flow-through shares, Amandip Singh for 80,000 non flow-through shares, Leede Jones Gable Inc. for 450,000 flow-through shares, Garrett Macdonald for 180,000 flow-through shares, Jeremy Niemi through One Above Three Below Advisory Inc. for 300,000 non flow-through shares, 2020 Resources Limited Partnership for 14,363,367 flow-through shares, and Rob Cudney and certain directors, officers and other insiders of the company purchased or acquired direction and control over a total of 21,143,637 Flow-Through shares Units and 10,080,000 Common Share Units as part of the transaction. On closing Dundee Goodman Merchant Partners will hold approximately 10.3% of the issued and outstanding common shares of the company. Company paid finder's fee CAD 300,000 and issued an aggregate of approximately 5,800,000 compensation warrants to Dundee Goodman Merchant Partners,(CAD 80,914.54 and 1,778,840 Compensation Warrants), Laurentian Bank Securities Inc. (CAD 40,457.27 and 889,420 Compensation Warrants), Canaccord Genuity Corp., (CAD 32,455.50 and 635,600 Compensation Warrants), Haywood Securities Inc., (CAD 11,795.00), Raymond James Ltd., (CAD 13,998.60 and 254,520 Compensation Warrants), Leede Jones Gable Inc., (CAD 17,202.50), Pollitt & Co.

Inc., (CAD 11,025.00 and 231,000 Compensation Warrants), RichardsonGMP Limited, (CAD 2,100), Echelon Wealth Partners Inc., PI Financial Corp., (CAD 350.35) and RBC Dominion Securities Inc. have been paid cash and/or issued compensation warrants depending on participation level. Each compensation warrant entitles the holder to acquire one Common Share Unit at a price of CAD 0.07 until the Warrant Expiry Date. The securities issued will be subject to a statutory four month hold period expiring on November 15, 2020.