Mr. Morgan Tincher reports

AURIC RESOURCES ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Auric Resources Corp. has arranged a non-brokered private placement to raise gross proceeds of up to $200,000. The offering will consist of common shares in the capital of the company at a price of five cents per share.

The offering is intended to strengthen the company's financial position, preserve its portfolio of mineral properties and provide the flexibility necessary to advance the company's strategic objectives. The net proceeds raised from the offering will be used to finance the company's property-related expenditures and for working capital purposes.

The offering is subject to certain closing conditions, including, but not limited to, the receipt of all necessary approvals, including the conditional listing approval of the TSX Venture Exchange and the applicable securities regulatory authorities. The offering is being made by way of private placement in Canada, in the United States pursuant to an exemption from the registration requirements of the United States Securities Act of 1933, as amended, and in such other jurisdictions as may be determined by the company. The shares issued under the offering will be subject to a hold period expiring four months and one day from the closing date of the offering.

The company anticipates paying finders' fees to eligible parties who have assisted in introducing subscribers to the offering. Any finder's fees payable will be in accordance with the policies of the TSX-V.

The company anticipates that certain insiders of the company will participate in the offering. The participation of the insiders in the offering will constitute a related-party transaction for the purposes of Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. The company anticipates relying on exemptions from the requirements to obtain a formal evaluation or minority shareholder approval in connection with the insider participation in reliance on sections 5.5(a) and 5.7(1)(a) of MI 61-101 as neither the fair market value of the shares issued nor the fair market value of the consideration for the shares issued will exceed 25 per cent of the company's market capitalization as calculated in accordance with MI 61-101.

We seek Safe Harbor.