Mr. David Lotan of Lotan Holdings reports

SHAREHOLDER NEWS RELEASE

Lotan Holdings Inc. has acquired 26,500 common shares of Aurion Resources Ltd. through the facilities of the TSX Venture Exchange. Lotan now owns or has control of 14,908,584 shares of Aurion, or approximately 10.01 per cent of the current issued and outstanding shares of Aurion.

Immediately prior to the transaction, Lotan held 14,882,084 shares, representing approximately 9.99 per cent of the issued and outstanding shares of Aurion. Immediately after the transaction, Lotan held 14,908,584 common shares, representing 10.01 per cent of the issued and outstanding common shares of Aurion.

Lotan acquired the shares for investment purposes, and may acquire additional securities or dispose of existing securities of Aurion, in the market or privately, from time to time as circumstances warrant. The securities of Lotan set out above are held directly and not through control of another entity.

Aurion trades on the TSX Venture Exchange under the symbol AU.

A copy of the early warning report filed by Lotan in connection with this acquisition is available on the SEDAR+ website or by contacting Lotan at 416-646-7325.