Click to access 2016-11-29_NR.pdf

Aura Silver Resources Inc. (TSX-V: AUU) (“Aura Silver” or the “Company”) announces that it is undertaking a non-brokered private placement offering to raise gross proceeds of up to $500,000. The Company has applied for, and received, conditional approval from the TSX Venture Exchange for a waiver from the five-cent minimum price requirement. Under the terms of the proposed offering, Aura Silver would issue a minimum of 4,285,714 units for gross proceeds of $150,000 and a maximum of 14,285,714 units for gross proceeds of $500,000. The units would be issued at $0.035 (3.5 cents) per unit (the “Offering”). Each unit consists of one common share of the Company and one common share purchase warrant. Each warrant entitles the holder to purchase one common share of the Company at a price of $0.05 per share for a period of 36 months following the date of issuance. Any securities issued under the Offering would be subject to a statutory hold period of four months and one day from the date of issuance.