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Last C$0.26 CAD
Change Today 0.00 / 0.00%
Volume 50.7K
AUN On Other Exchanges
As of 3:59 PM 03/26/15 All times are local (Market data is delayed by at least 15 minutes).

aurcana corporation (AUN) Snapshot

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52 Week High
03/31/14 - C$0.86
52 Week Low
11/14/14 - C$0.21
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aurcana corporation (AUN) Details

Aurcana Corporation, a junior mining company, engages in the production and sale of copper, silver, lead, and zinc concentrates. It is also involved in the exploration, development, and operation of natural resource properties. The company’s principal operating unit is the La Negra silver-copper-lead-zinc Mine, located in Queretaro State, Mexico; and primary developing property is the Shafter Silver Properties located in Presidio County, S.W. Texas. Aurcana Corporation was incorporated in 1917 and is headquartered in Vancouver, Canada.

Founded in 1917

aurcana corporation (AUN) Top Compensated Officers

Chief Financial Officer
Total Annual Compensation: C$240.0K
Consulting Geologist
Total Annual Compensation: C$234.4K
Compensation as of Fiscal Year 2013.

aurcana corporation (AUN) Key Developments

Aurcana Corporation Enters into Agreement to Settle Class Action Litigation Commenced by Nunzio Cardillo and John Witiluk

Aurcana Corporation announced that it has entered into an agreement to settle the class action litigation commenced by Nunzio Cardillo and John Witiluk in the Ontario Superior Court of Justice against the company and two former executives of the company. The settlement provides for the full and final settlement, release and dismissal of all claims brought under the action. The settlement is subject to customary conditions, including the receipt of court approval of the settlement. Under the terms of the settlement, the company will pay an aggregate of $4,000,000, which amount, net of legal fees and other costs, will be divided among members of the plaintiff class on a pro rata basis. The settlement amount will be fully funded by insurance maintained by the company, and the company does not anticipate that the payment of the settlement amount will have any effect on the company's cash position or operations. The company elected to enter into the settlement in order to avoid the expense, burden and inconvenience associated with the continuance of the action. The settlement does not constitute an admission by the company of any violation of law or other wrongdoing.

Aurcana Corporation Reports Production Results for the Fourth Quarter and Full Year 2014

Aurcana Corporation reported production results for the fourth quarter and full year 2014. For the quarter, the company reported production of 1,000,214 ounces silver equivalent compared to 698,665 in fourth quarter of 2013, an increase of 43%. Silver production increased 33% to 374,507 in fourth quarter of 2014, compared to 281,558 in fourth quarter of 2013. For the year, the company reported production of 3.7 million ounces of silver equivalent in 2014.

Aurcana Corporation Announces Resignation of Lenic Rodriguez as Director

Aurcana Corporation has accepted the resignation of Lenic Rodriguez from the Board of Directors.


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