Aurico launches C$5m flow-through financing

TSX-listed AuRico Metals has launched a C$5-million flow-through financing for use in qualifying Canadian exploration expenses at the company's Kemess East project, in British Columbia. Flow-through shares allow for the money raised through the sale of such shares for Canadian exploration expenses, to be renounced by the company and flowed through in favour of the buyers of the shares, making it a tax efficient vehicle for investors.