Oct 14 (Reuters) - Aureus Mining Inc AUE.TO :
* Aureus Mining Inc - US$72 million equity fundraise to finance the transition to an owner-operator mining model and strengthen the balance sheet
* Aureus Mining Inc - granted an option to numis securities limited in order to enable numis to increase size of placing by up to 540 million shares
* Aureus Mining Inc - raised approximately $72 million through issue of 3.9 billion new common shares of company at placing price
* Aureus Mining Inc says company is targeting production of approximately 100,000 ounces of gold in 2017
* Aureus Mining Inc - option to numis securities limited to increase size of placing for gross proceeds of approximately us$10 million
* Aureus Mining-approximately us$60 million to be raised from mng gold jersey through a direct subscription with company at a price of 1.5p per share
* Aureus Mining - proceeds of subscription to be used to effect co's transition to owner-operator mining model Source text for Eikon: ID:nCNWYh7gQa Further company coverage: AUE.TO