Aurcana Announces Shareholder Approval of Share Consolidation

Aurcana Announces Shareholder Approval of Share Consolidation 
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/28/13 -- Aurcana
Corporation ("Aurcana" or the "Company") (TSX
VENTURE:AUN)(OTCQX:AUNFF) is pleased to announce approval of the
proposed consolidation of its issued and outstanding common shares on
the basis of one (1) post-consolidation common share for every eight
(8) pre-consolidation common shares. 
At the special general meeting of shareholders held today, 92.7% of
the shareholders of the Company voted in favour of the Consolidation
and 7.3% voted against.  
Subject to regulatory approval, the Company anticipates to complete
the consolidation during April 2013. A detailed press release will be
issued with respect to the consolidation upon its completion. 
About Aurcana Corporation 
Aurcana Corporation is an emerging senior silver producer with two
operating mines located in Mexico and Texas, United States. 
La Negra Mine, Mexico, current installed capacity is growing from
2,500tpd to 3,000tpd starting Q2, 2013 with an increase in mill
capacity. 
La Negra has a NI 43-101 M&I resource of 115.1 million (mm) oz
silver, 1,418.7 mm lbs zinc, 539.5 mm lbs lead and 269.5 mm lbs
copper and an Inferred Resource of 56.5 mm oz silver, 657.4 mm lbs
zinc, 263.0 mm lbs. lead and 132.3 mm lbs copper. 
Commissioning and mill testing of the Shafter Mine in Texas commenced
on April 1, 2012 and commencement of commercial production was
achieved in December 2012. The Shafter Silver Mine, according to the
data from the published feasibility study, is expected to produce 3.8
million ounces of silver over 12 months once ramp up to its 1,500tpd
capacity is completed.  
Shafter has a NI 43-101 M&I Resource of 23.9 mm oz of silver and an
Inferred Resource of 22.8 mm oz of silver. (All National Instrument
43-101 technical reserve reports can be found on SEDAR at:
www.sedar.com) 
Aurcana continues to focus on its future growth. 
Corporate 
The Company's shares are also traded in the United States on OTCQX
under the symbol "AUNFF". Investors can find current financial
disclosure and Real-Time Level 2 quotes for the Company on
www.otcqx.com and www.otcmarkets.com. 
ON BEHALF OF THE BOARD OF DIRECTORS OF AURCANA CORPORATION 
Lenic Rodriguez, President & CEO 
NR-13-8 
The scientific and technical information contained in this news
release regarding the Shafter Silver Mine has been reviewed by Ken
Collison, P.Eng. Director of the Company, and a Qualified Person
("QP"). 
Baltazar Solano-Rico and Betty Gibbs have reviewed the technical
information reported in the National Instrument 43-101 technical
reports regarding the La Negra Silver Mine. All National Instrument
43-101 technical reports can be found on the Company's website at
www.aurcana.com or on SEDAR at www.sedar.com. 
Baltazar Solano-Rico (M.Sc., Geol. Eng.) and Mrs. Betty Gibbs (E.M.,
MSc.) of Behre Dolbear are the independent Qualified Persons pursuant
to NI 43-101 for the Company. Ken Collison (P.Eng), one of the
Directors of the Company and Nils von Fersen (PGeo), Vice President,
Exploration are also certified Qualified Persons of the company. The
technical contents of this release have been reviewed by Nils von
Fersen for QP technical disclosures.  
This news release contains certain forward-looking statements,
including statements regarding forecast silver production, silver
grades, recoveries, potential mineralization, exploration result,
future plans and objectives of the Company and the business and
anticipated financial performance of the Company. These statements
are forward-looking statements that involve various risks and
uncertainties. These forward-looking statements include, but are not
limited to, statements with respect to mining and processing of mined
ore, achieving projected recovery rates, anticipated production rates
and mine life, operating efficiencies, costs and expenditures,
changes in mineral resources and conversion of mineral resources to
proven and probable reserves, and other information that is based on
forecasts of future operational or financial results, estimates of
amounts not yet determinable and assumptions of management. 
Exploration results that include geophysics, sampling and drill
results on wide spacings may not be indicative of the occurrence of a
mineral deposit. Such results do not provide assurance that further
work will establish sufficient grade, continuity, metallurgical
characteristics and economic potential to be classified as a category
of mineral resource. A mineral resource which is classified as
"inferred" or indicated" has a great amount of uncertainty as to its
existence and economic and legal feasibility. It cannot be assumed
that any or part of an "indicated mineral resource" or "inferred
mineral resource" will ever be upgraded to a higher category of
resource. Investors are cautioned not to assume that all or any part
of mineral deposits in these categories will ever be converted into
proven and probable reserves. 
Any statements that express or involve discussions with respect to
predictions, expectations, beliefs, plans, projections, objectives,
assumptions or future events or performance (often, but not always,
using words or phrases such as "expects" or does not expect", "is
expected", anticipates" or "does not anticipate" "plans", "estimates"
or "intends" or stating that certain actions, events or results "
may", "could", "would", "might" or "will" be taken, occur or be
achieved) are not statements of historical fact and may be
"forward-looking statements". Forward-looking statements are subject
to a variety of risks and uncertainties which could cause actual
events or results to materially differ from those reflected in the
forward-looking statements.  
Actual results may differ materially from results contemplated by the
forward-looking statements. Important factors that could differ
materially from the Company's expectations include, among
others,risks related to international operations, unsuccessful
exploration results, conclusions of economic evaluations and changes
in project parameters as plans continue to be refined as well as
changes in metal prices, changes in the availability of funding for
mineral exploration and development, unanticipated changes in key
management personnel and general economic conditions. When relying on
forward-looking statements to make decisions, investors and others
should carefully consider the foregoing factors and other
uncertainties and should not place undue reliance on such
forward-looking statements. The Company does not undertake to update
any forward-looking statements, oral or written, made by itself or on
its behalf. Accordingly, readers should not place undue reliance on
forward-looking statements. 
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. 
Contacts:
Aurcana Corporation
Lenic Rodriguez
President & CEO
(604) 331-9333 or Toll Free: (866) 532-9333 
Aurcana Corporation
Catalin Chiloflischi
Corporate Communications Director
(604) 331-9333 or Toll Free: (866) 532-9333
(604) 633-9179 (FAX)
ir@aurcana.com
www.aurcana.com