Aurora Gold plans to close $2 million private placement

By Sheri Kasprzak

New York, April 27 - Aurora Gold Corp. said it intends to settle a $2 million private placement.

The terms of the offering were not immediately available, but the deal is expected to close within the next 30 days.

Proceeds will be used for diamond drilling on the Sao Joao property in Brazil.

Based in Balcatta, Australia, Aurora is a gold and mineral exploration company.

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