Vancouver, British Columbia--(Newsfile Corp. - January 8, 2026) - Auric Minerals Corp. (CSE: AUMC) ("Auric" or the "Company") announces that, further to its news release of December 31, 2025, it has issued an aggregate of 1,500,000 common shares of the Company (the "Shares") at a deemed price of $0.25 per Share pursuant to the amending agreements for its Route 500, Portage Lake and BUB properties and has acquired 100% interest in respect of each of these three properties.
Under these amendments, Auric's additional obligations under the original option agreements, including certain future cash payments, share issuances, and exploration expenditures, were waived in exchange for the issuance of 500,000 Shares to the optionor, for a total of 1,500,000 Shares.
The Shares are subject to a four-month hold period pursuant to securities laws in Canada.
About the Company
Auric is a mineral exploration company based in Oakville, Ontario and holds options over a growing property position of highly prospective Uranium properties in Labrador's Central Mineral Belt, Quebec; and a gold property, Goodeye, in British Columbia, Canada.
For more information:
Chris Huggins, CEO & Director
Auric Minerals Corp.
(604) 968-4844
chris@greenwood.capital
Forward-Looking Statements
Except for the statements of historical fact, this news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates and projections as at the date of this news release. "Forward-looking information" in this news release includes information about the Company's intentions, the Company's and Vendor's objective to enter into a property management agreement in respect of the Properties, the Company's ability to issue the Shares and complete the acquisition of the Portage, BUB and Route 500 Properties, plans and future actions described herein and the terms thereon.
The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. The Company has also assumed that no significant events occur outside of the Company's normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/279617
Source: Auric Minerals Corp.
