Aurelius Minerals Inc. announced non-brokered private placement of 1,560,500 flow-through units at a price of CAD 0.33 per flow-through unit for gross proceeds of CAD 514,965 and 1,533,339 units at a price of CAD 0.30 per unit for gross proceeds of CAD 460,002 for aggregate gross proceeds of CAD 974,967 on March 31, 2022. Each unit consist of one common share and one-half of one common share purchase warrant. Each Warrant entitles the holder thereof to acquire one Common Share at a price of CAD 0.40 per Warrant Share for a period of twenty-four (24) months following the closing of the Offering.

The securities issued through the Offering are subject to a statutory four month hold period expiring on July 31, 2022. The Offering is subject to final acceptance of the TSX Venture Exchange. The Company expects to close two further tranches in early April for up to additional gross proceeds of CAD 464,000 of Flow-Through Units and up to additional gross proceeds of CAD 135,000 of Common Share Units.

The Company may pay cash commission of 6% of the gross proceeds and 6% broker warrants exercisable into common shares of the Corporation at a price of CAD 0.30 per share any time from the Closing Date to the day that is 24 months from the Closing Date on certain of these subscriptions. Sprott Private Resource Lending (Collector) LP, a fund managed by returning investor Resource Capital Investment Corporation acquired 833,334 Common Share Units to hold 4,887,724 shares post-closing, including 57,854 shares being held on behalf of Natural Resources income Investing LP.