Aguia Resources Limited Announces Closing of CAD $5 Million Bought Deal Private Placement Offering

TORONTO, Ontario, April 12, 2018 – Aguia Resources Limited (“Aguia” or the “Company”) (TSX VENTURE:AGRL) (ASX:AGR) announced today that it has concluded a bought deal private placement financing of 14,285,800 units of the Company (the “Units”) at a price of CAD$0.35 per Unit for gross proceeds of approximately CAD$5.0 million (the “Offering”).

Each Unit consists of one ordinary share (an “Ordinary Share”) in capital of the Company and one-half of one share purchase warrant (each whole warrant, a “Warrant” and collectively the “Warrants”). Each Warrant entitles the holder thereof to acquire one Ordinary Share at a price of CAD$0.60 until April 12, 2021.