$$$$$$$~BIG OTC DD PICKS AND LOW FLOAT MOVERS$$$$$$$

[flemsnopes]

$ACBFFLiquidity and Capital Resources

As at September 30, 2016, working capital was $23.2 million, as compared to a deficiency of $2.8 million as at June 30, 2016. The $26.0 million increase in working capital was primarily attributable to an increase in cash and cash equivalents of $23.9 million, offset partially by a decrease in short term loans of $4.4 million.

The increase in cash balance was attributable to the successful completion of a number of financing initiatives, as follows:

$23 million in completed brokered subscription receipt equity financing;
$15 million in completed private placement of 10% unsecured convertible debentures; and
Additionally, the Company generated approximately $2.8 million in additional gross cash proceeds from exercise of warrants, stock and compensation options. The increase in cash and cash equivalents generated from financings was offset partially by net cash used for operations of $0.9 million and investments of $4.0 million.

Subsequent to quarter-end, the Company generated approximately $34 million in new financings as follows:

$25 million in completed brokered private placement of 8% unsecured convertible debentures; and
Receipts of approximately $9 million from the exercise of warrants, stock options and compensation options/warrants.
Presently, approximately $30 million in potential additional gross cash proceeds remain available from the exercise of warrants, stock options and compensation options/warrants.

Details of the capital initiatives described above can be found in the Company's filings on www.sedar.com

http://www.otcmarkets.com/stock/ACBFF/news/Aurora-Announces-Q1-2017-Results?id=145926&b=y