20:04:16 EDT Thu 23 Jul 2026
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New Aurora completes $520K IPO, to list shares July 24

2026-07-23 18:41 ET - News Release

Mr. Darien Lattanzi reports

NEW AURORA METALS CORP. COMPLETES INITIAL PUBLIC OFFERING AND LISTS ON CSE

New Aurora Metals Corp. has successfully completed its initial public offering (the IPO) of 5.2 million common shares of the company at a price of 10 cents per share for total gross proceeds of $520,000.

Research Capital Corp. acted as agent for the IPO, pursuant to the agency agreement dated July 9, 2026. The company paid to the agent a cash commission equal to 10 per cent of the proceeds and granted the agent non-transferable warrants entitling the agent to purchase a total of 520,000 shares at a price of 10 cents per share until July 23, 2028. In connection with the IPO, the agent also received a corporate finance fee of $37,500 plus GST and 175,000 shares at the offering price.

The shares were approved for listing on the Canadian Securities Exchange (CSE) and are anticipated to commence trading on the CSE on Friday, July 24, 2026, under the trading symbol NAME.

The net proceeds of the IPO will be used by the company for the work program on the Urban Barry property, the option payments for the Urban Barry property and general working capital purposes, as disclosed in the prospectus of the company, under the company's profile at SEDAR+.

An electronic or paper copy of the final prospectus and any amendment may be obtained, without charge, from the company, corporate secretary, at info@newaurorametals.com or 1000-1055 West Hastings St., Vancouver, B.C., V6E 2E9, Canada, by providing the contact with an e-mail address or address, as applicable.

About New Aurora Metals Corp.

The company is engaged in the acquisition and exploration of its Urban Barry property, which is situated in Belmont township, on Category III land in the Eeyou-IstcheeBaie-James territory of the Nord du Quebec region, 220 km northeast of the largest regional city, Val d'Or, 100 km west of the small town of Lebel-sur-Quevillon and 80 km south of the small town of Chapais, consisting of 20 map-designated claims.

We seek Safe Harbor.

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