Northern Vertex Mining

Aurelius Minerals Announces Completion of Share Consolidation

Toronto, Ontario--(Newsfile Corp. - May 4, 2021) - Aurelius Minerals Inc. (TSXV: AUL) (the "Company" or "Aurelius") announces that further to its press release of April 15, 2021, it has received the requisite approval of the TSX Venture Exchange (the "TSXV") and completed the consolidation of the outstanding capital of the Company on the basis of 10 existing common shares for one new consolidated common share (the "Consolidation"). The Consolidation will be effective at the open of the market on May 4, 2021 (the "Effective Date"). The Company will not change its name as part of the Consolidation but will issue new share certificates under a new CUSIP number. The Company's common shares will continue to trade on the Exchange under its current symbol, "AUL".

Immediately prior to the Consolidation the Company had 276,069,713 common shares issued and outstanding. As at the Effective Date, the Company will have approximately 27,606,971 post-Consolidated common shares issued and outstanding.

This new release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will be not be registered under the United States Securities Act of 1933 as amended (the "1933 Act"), or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons (as defined in Regulation S under the 1933 Act) absent such registration or an applicable exemption from such registration requirements.

About Aurelius

Aurelius is a well-positioned gold exploration company focused on advancing its recently acquired and renamed Aureus Gold Properties, including Aureus East and West, the Tangier Gold Project and the Forest Hill Gold Project located in Nova Scotia, Canada.

Aurelius is also focused on advancing two district-scale gold projects in the Abitibi Greenstone Belt in Ontario, Canada, one of the world's most prolific mining districts; the 968-hectare Mikwam Property, in the Burntbush area on the Casa Berardi trend and the 12,425-hectare Lipton Property, on the Lower Detour Trend.

The Company has a management team with experience in all facets of the mineral exploration and mining industry who will be considering additional acquisitions of advanced staged opportunities in Nova Scotia, the Abitibi and other proven mining districts.

On Behalf of the Board

For further information please contact: 

Aurelius Minerals Inc.
Mark N.J. Ashcroft, President and CEO
This email address is being protected from spambots. You need JavaScript enabled to view it.
Tel.: (416) 304-9095

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Information

This news release contains "forward-looking information" under the provisions of applicable Canadian securities legislation, concerning the business, operations and financial performance and condition of Aurelius. All statements in this press release, other than statements of historical fact, are "forward-looking information" with respect to Aurelius within the meaning of applicable securities laws, including statements with respect to the Company's completion of the Consolidation on the terms described herein or at all, the planned exploration activities, the development of the Aureus Gold Properties and the verification of certain data disclosed in this press release by the Company. Generally, this forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes", or variations or comparable language of such words and phrases or statements that certain actions, events or results "may", "could", "would", "should", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof. Forward-looking information is necessarily based upon a number of factors and assumptions that, if untrue, could cause the actual results, performances or achievements of Aurelius to be materially different from future results, performances or achievements expressed or implied by such statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which Aurelius will operate in the future, including the ability to achieve goals.

The Company provides forward-looking information for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to known and unknown risks, uncertainties and other important factors that may cause the actual results, level of activity, performance or achievements of Aurelius to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: the risk that the Company cannot complete the Consolidation on the terms described herein, on the timing described herein or at all, complications arising from the COVID-19 pandemic or the actions of the provincial or federal governments in response thereto, as well as those factors, risks and uncertainties identified and reported in Aurelius' public filings under Aurelius' SEDAR profile at Although Aurelius has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are made as of the date hereof and, accordingly, are subject to change after such date. Aurelius disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.


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Aurelius Minerals

Last Trade: C$0.61
Daily Change: 0.01 1.67
Daily Volume: 13,634
Market Cap: C$16.840M
Aurelius Minerals Announces Closing of First Tranche of Non-Brokered Equity Financing
Aurelius Minerals Announces Non-Brokered Equity Financing of Up To $6 Million and Concurrent Share Consolidation
Aurelius Minerals Expands Multiple High Grade Gold Zones at Aureus East Gold Project - Drills 3.0 Metres at 17.4 g/t Gold, Including 1.0 Metre at 43.3 g/t Gold, 2.7m at 15.1 g/t Gold, Including 1m at 39.7 g/t Gold and 5.7 Metres at 9.42 g/t Gold
Aurelius Minerals Drills Highest Grade Interval to Date at Aureus East Gold Project - 2 Metres at 132.4 g/t Gold, Including 1m at 264 g/t Gold and 0.5m at 21 g/t Gold Within Existing Workings
Aurelius Minerals Intersects Near Surface Gold Mineralization at Aureus West - 32.2 Metres grading 2.85 g/t Gold and 20.3 Metres of 3.93 g/t Gold
Aurelius Minerals to Commence Trading on OTCQB and Receives DTC Eligibility
Aurelius Minerals Extends New High Grade Gold Zones at Aureus East Gold Project - Drills 9.6m at 14.0 g/t Gold, Including 0.7m at 182.4 g/t Gold
Aurelius Minerals Discovers New Mineralized Zones at Aureus West Gold Project: Drills 0.5m at 46.4 g/t Within 2.5m at 13.2 g/t in Hole AW-20-001 and 0.4m at 59.8 g/t Within 19m at 1.3 g/t in Hole AW-20-002
Aurelius Minerals Discovers New Mineralized Zones at Aureus East Project - Drills 1.6 Metres at 109.5 g/t Gold and 0.5 Metres at 255 g/t in Hole AE-20-004
Aurelius Minerals Announces Closing of $1.5 Million Private Placement at $0.085 per Share
Aurelius Minerals Discovers New Mineralized Zones at Aureus East Project - Drills 0.30 Metres at 113.5 g/t Gold Within 5.80 Metres at 7.4 g/t Gold in Hole AE-20-003 and 0.35 Metres at 58.3 g/t in Hole AE-20-002
Aurelius Minerals Provides Update on November 12, 2020 Annual General Meeting of Shareholders and Files Technical Report on Aureus West Property


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