Ms. Carolyn Muir reports

AURANIA PROVIDES UPDATE ON PAYMENT OF MINERAL PROPERTIES IN ECUADOR

Aurania Resources Ltd. has provided an update regarding a request to enter into an agreement for payment of its annual mineral concession fees in Ecuador as announced on March 27, 2024.

While this process is continuing, the company maintains its property in Ecuador in good standing and is able to further its exploration projects, dependent on financing availability. As previously reported, the company filed the appropriate documentation to renew its 42 mineral exploration concessions in Ecuador prior to the March 31 deadline.

Aurania's request to enter into an agreement has been accepted, and a further meeting is expected to commence in the coming weeks. This process may take a couple of months to complete.

About Aurania Resources Ltd.

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 copper in South America. Its flagship asset, The Lost Cities-Cutucu project, is located in the Jurassic metallogenic belt in the eastern foothills of the Andes mountain range of southeastern Ecuador.

We seek Safe Harbor.