Aurania closes private placement

Toronto, Ontario--(Newsfile Corp. - June 25, 2026) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") announces that further to its news releases dated May 11, 2026 , and June 1, 2026 , it has closed the second and final tranche (the "Second Tranche") of its non-brokered private placement (the "Offering") of units of the Company (the "Units"). An aggregate of 3,213,172 Units was sold under the Second Tranche at a price of C$0.18 per Unit for total gross proceeds of C$578,370.96. Together with the first tranche (the "First Tranche") of the Offering pursuant to which C$678,263.76 was raised through the sale of 3,768,132 Units, the Company has now completed the Offering for total gross proceeds of C$1,256,634.72 through the issuance of 6,981,304 Units.

Each Unit is composed of one common share of the Company (a "Common Share") and one Common Share purchase warrant (a "Warrant"). Each Warrant entitles the holder to purchase one Common Share (a "Warrant Share") at an exercise price of C$0.35 per Warrant Share for a period of 24 months following the date of issuance. The Company intends to use the net proceeds from the Offering primarily for exploration at the Thor's Valley epithermal gold project in Iceland, the Balangero nickel-cobalt tailings retreatment project in Italy, and for general working capital purposes.

The closing of the Offering is subject to the receipt of all necessary regulatory approvals, including the final approval of the TSX Venture Exchange. All securities issued and issuable pursuant to the Offering are subject to a four-month plus one day hold period commencing on closing date of the First Tranche or Second Tranche, as applicable. The securities described herein have not been, and will not be, registered under the United States Securities Act, or any state securities laws, and accordingly may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom.

This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction. About Aurania Aurania is a mineral exploration company engaged in the identification, evaluation, acquisition, and exploration of mineral property interests, with a focus on precious metals and critical energy in Europe and abroad. Information on Aurania and technical reports are available at www.aurania.com and www.sedarplus.ca , as well as on Facebook at https://www.facebook.com/auranialtd/ , Twitter at https://twitter.com/auranialtd , and LinkedIn at https://www.linkedin.com/company/aurania-resources-ltd- .

For further information, please contact:   Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements This news release contains forward-looking information as such term is defined in applicable securities laws, which relate to future events or future performance and reflect management's current expectations and assumptions. The forward-looking information includes statements regarding the anticipated use of the net proceeds from the Offering, the receipt of all necessary approvals, including the approval of the TSXV of the listing of the Common Shares and the Warrant Shares (and the timing thereof), Aurania's objectives, goals or future plans, statements, exploration results, potential mineralization, the corporation's portfolio, treasury, management team and enhanced capital markets profile, the estimation of mineral resources, exploration, timing of the commencement of operations, and estimates of market conditions.