BRIEF-Aurion announces private placement of $2.5 mln

Thu Sep 8, 2016 5:12pm EDT
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Sept 8 (Reuters) - Aurion Resources Ltd

* Announces private placement of $2.525 million

* Proceeds of proposed financing will be used for advancing its existing portfolio of 100 percent owned projects in Finland, project generation

* Will comprise brokered financing tranche of $1 million, non-brokered tranche of $1.5 million

* Financing will comprise of 6.3 million shares at a price of c$0.40 per share Source text for Eikon: Further company coverage: