Aura Silver Increases Brokered Private Placement and Adds Flow-Through Component

- September 10th, 2010

Aura Silver Resources Inc. (CVE:AUU) announced that it has increased the size of the brokered private placement announced on August 9, 2010 from up to $1 million to up to $2 million.

Aura Silver Resources Inc. (TSXV:AUU) announced that it has increased the size of the brokered private placement announced on August 9, 2010 from up to $1 million to up to $2 million.

The press release is quoted as saying:

The Company will issue up to 12,500,000 units (the “Units”) at a price of $0.16 (US$0.155) per Unit for gross proceeds of up to $2,000,000 as well as up to 5,555,555 flow-through units (the “FT Units”) at a price of $0.18 per FT Unit, collectively the “Offering”. Each Unit will consist of one common share and one common share purchase warrant at an issue price of $0.16 per Unit. Each FT Unit will consist of one flow-through common share and a non-flow-through common share purchase warrant at an issue price of $0.18 per FT Unit.

Click here to access the entire press release

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