Mr. Matti Talikka reports

/C O R R E C T I O N -- AURION RESOURCES LTD./

Aurion Resources Ltd. has closed the previously announced non-brokered private placement with a strategic investor that resulted in the strategic investor holding, after giving effect to the offering, approximately 6.88 per cent of the issued and outstanding common shares of Aurion on a non-diluted basis and approximately 9.98 per cent of the issued and outstanding common shares on a partially diluted basis. The strategic investor subscribed for 11.06 million units of the company at a price of 84 cents per unit for total consideration of $9,290,400. Each unit comprises one common share and one-half of one common share purchase warrant of Aurion. Each warrant entitles the holder to acquire one common share at a price of $1.08 for a period of three years following the closing date of the offering, subject to acceleration in certain circumstances. At least 75 per cent of the net proceeds of the offering will be used to advance exploration and technical work programs on the company's 100-per-cent-owned Risti project.

Concurrently with the closing of the offering, the strategic investor and Aurion entered into an investor rights agreement, pursuant to which the strategic investor was granted certain rights, provided the strategic investor maintains certain ownership thresholds in the company, including: (i) the right to participate in future equity financings and top up its holdings in the event of dilutive issuances in order to maintain its pro rata ownership in the company at the time of such financing or acquire up to a 9.99-per-cent ownership interest, on a partially diluted basis, in the company; and (ii) the right (which the strategic investor has no present intention of exercising) to nominate one person (and in the case of an increase in the size of the board of directors of Aurion to eight or more directors, two persons) to the board of directors of Aurion.

The common shares issued to the strategic investor pursuant to the offering are subject to a four-month-and-one-day hold period, in accordance with applicable securities laws.

About Aurion Resources Ltd.

Aurion Resources is a well-financed Canadian exploration company listed on the TSX Venture Exchange and the OTCQX Best Market. Aurion's strategy is to generate or acquire early stage precious metals exploration opportunities and advance them through direct exploration by the company's experienced team or by business partnerships and joint venture arrangements. Aurion's current focus is exploring on its Risti project, as well as advancing its joint venture properties with B2Gold Corp., Kinross Gold Corp. and KoBold Metals Company in Finland.

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