Vancouver, British Columbia--(Newsfile Corp. - January 21, 2025) - Daura Gold Corp. (TSXV: DGC) (formerly Daura Capital Corp.) (the 'Company' or 'Daura') is pleased to announce that it has closed its
Vancouver, British Columbia-- - Daura Gold Corp. is pleased to announce that it has closed its previously announced qualifying transaction involving the acquisition of Estrella Gold S.A.C. . Subject to final acceptance by the TSX Venture Exchange , the Company will be a Tier 2 Mining issuer focused on the exploration and development of its property known as the Cochabamba Project, located in the Ancash Region of north-central Peru.
The following table sets out the names of the Company's directors and officers upon completion of the Qualifying Transaction, the municipalities of residence, their principal occupations during the past five years and the number of shares of the Company beneficially owned, directly or indirectly, or over which control is exercised following completion of the Qualifying Transaction.
As disclosed in the Company's Filing Statement, an additional 2,766,668 common shares are subject to CPC escrow requirements.Upon closing of the Qualifying Transaction, Dr. Lima acquired 4,900,000 common shares of the Company in consideration for all of his shares of Estrella. The shares acquired by Dr. Lima represent approximately 11.9% of the Company's outstanding common shares on a non-diluted basis, and 7.5% of the Company's outstanding common shares on a fully diluted basis.
Daura's current exploration efforts are focused on the Cochabamba Project, a prospective gold, silver and copper property covering 10,000 hectares located in the Ancash region in north central Peru.Vancouver BC V6C 1X8Mark D. Sumner CEO and DirectorInformation set forth in this news release contains forward-looking statements. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance.
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