news out
Aurelio Resource Corporation Completes Private Placement of $1.33 Million
Thursday June 7, 6:00 am ET
LITTLETON, Colo.--(BUSINESS WIRE)--Aurelio Resource Corporation (OTCBB:AULO - News; Frankfurt:F3RA - News) is pleased to announce the completion of a private placement for US $1.33 million. Participation came from investors in Canada, Austria, United States, and United Kingdom. Two year warrants will provide the potential of an additional $1.2 million.
More than 50% of the raised funds will be used in a drilling program aimed at expanding the current resource of copper, zinc, silver and gold at the company's Hill Copper project in Arizona.
Further focus will be directed towards additional land acquisitions, engineering and general corporate purposes.
This news release does not constitute an offer of any securities for sale.
On Behalf of the Board of Directors:
Dr. Fred W. Warnaars, President & CEO
