/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED
STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY
CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS./
TORONTO, June 6, 2014 /CNW/ - Ecuador Gold & Copper
Corp. (TSX-V: EGX) (the "Company"), announces that Aura
International Services Ltd. ("Aura") has completed the
exercise of 8,333,333 share purchase warrants (the
"Warrants") and acquired 8,333,333 common shares of the
Company in consideration of paying the Company a total of
US$625,000.
The Warrants were issued pursuant to private placements which
closed on August 23, 2013 and
September 23, 2013 and were
exercisable at a price of $0.075.
Aura previously exercised an aggregate of 29,999,998 share
purchase warrants of the Company in consideration of paying the
Company US$2,375,000, as further
described in the Company's news releases filed on SEDAR.
Aura now holds a total of 128,063,587 common shares of the
Company, representing approximately 54% of the issued and
outstanding shares of the Company on an undiluted basis.
Cautionary Note
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.
SOURCE Ecuador Gold and Copper Corp.