Aurania Resources Ltd. announced the appointment of Mr. Tony Wood as Chief Financial Officer. Mr. Wood has been consulting for the Company on a part-time basis since January 2019.

The Company also announces that it has entered into a agreement with Dr. Keith Barron, the Company's Chairman and CEO, providing for a loan of up to USD 3,000,000 (the "Loan"). The Loan is unsecured, has a term of two years, bears an interest rate of 2% per annum, and is not convertible into Aurania shares. The Loan will primarily be used to foster an opportunity to advance the Company's exploration strategy that has arisen subsequent to the recently completed rights offering.