InvestorsHub Logo
Followers 328
Posts 92770
Boards Moderated 3
Alias Born 07/06/2002

Re: None

Thursday, 09/08/2016 10:43:38 AM

Thursday, September 08, 2016 10:43:38 AM

Post# of 981

Aurcana's Corporate Presentation for August 2016 (AUN.V ~ AUNFF)


http://www.aurcana.com/investor-hub/presentations/

Aurcana recent history - 2016

* January 2016 - Aurcana completed a restructuring transaction extinguishing all of the Company's secured debt obligations ($40 million) conveying La Negra to Orion Mine Financing

* As a result, Aurcana has an unencumbered 100% ownership in Rio Grande Mining Co ("RGMC") and the Shafter property.

* Orion remains a significant Aurcana shareholder

* Company has a technical support agreement with Orion for management consulting services provided by Aurcana.
- Aurcana receives US $40,000/month over a 12-month term

* On May 31, 2016 Aurcana iitiated a Preliminary Economic Assessment on the Shafter mine. Completion date August 2016

* Aurcana initiated a non-brokered private placement financing in August 2016



Website: http://www.aurcana.com/







Dan

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.