Aura Minerals Inc. today announces the settlement of the Base Offering BDRs and the Additional BDRs of the previously announced initial primary and secondary public offering with restricted efforts of Brazilian depositary receipts, sponsored level II, issued by Ita? Unibanco S.A., as depositary institution, with each BDR representing one share of the Company. The Offering consists of a primary public offering with [...]
Aura Minerals Inc. today announces the pricing of the previously announced initial primary and secondary public offering with restricted efforts of Brazilian depositary receipts , sponsored level II, to be issued by Ita? Unibanco S.A., as depositary institution, with each BDR representing one share of the Company . The price per BDR was set at R$820.00 following the completion of the bookbuilding process and the approval [...]
Aura Minerals Inc. today announces that the Company is launching an initial primary and secondary public offering with restricted placement efforts of Brazilian depositary receipts , sponsored level II, to be issued by Ita? Unibanco S.A., as depositary institution, with each BDR representing one share of the Company . The BDRs being offered in the Offering have been approved for listing on the B3 S.A. – Brasil, Bolsa [...]
Aura Minerals Inc. announced today that the Company’s board of directors has approved a dividend policy for the Company . Under the Dividend Policy, the Company will determine an annual dividend based on 20% of its annual Adjusted EBITDA less sustaining capital expenditures and exploration capital expenditures, payable as cash dividends to holders of its shares. Dividends are expected to be declared and paid once a year [...]
Aura Minerals Inc. today announced that the Company is resuming the process commenced in the first quarter of 2020 to explore a possible initial public offering in Brazil and concurrent listing of Brazilian depositary receipts , sponsored level III, to be issued by a depositary institution, each BDR representing one share of the Company , pursuant to Brazilian Securities Commission Instruction No. 332, dated April 4 [...]
Aura Minerals Inc. today provided an update regarding its operations and financial performance in light of the ongoing global COVID-19 pandemic . Operations at San Andres and Aranzazu At the Company’s San Andres mine, and as previously announced, mining operations were interrupted pursuant to orders of the Honduran government in response to the Pandemic and Aura has reduced its workforce to the minimum in order to [...]
Aura Minerals Inc. announces that the Company has filed today its interim financial statements for the first quarter of 2020, its associated management’s discussion and analysis and related certification filings for the first quarter of 2020 . Rodrigo Barbosa, CEO of Aura, comments: “As a result of the COVID-19 pandemic setting in during the first quarter, we prioritized our attention towards supporting our employees, the [...]
Aura Minerals Inc. today announces that the Company intends to rely on Ontario Instrument 51-502 – Temporary Exemption from Certain Corporate Finance Requirements to delay filing of its interim financial statements for the first quarter of 2020, its associated management’s discussion and analysis and related certification filings for the first quarter of 2020 . In accordance with the Blanket Relief, which provides for up [...]
Aura Minerals Inc. today provided an update on the current status of operations at its properties in light of, as well as initiatives it is undertaking in response to, the ongoing global COVID-19 pandemic . Aura remains committed through the Pandemic to uphold its most important values, which, under the 360? Mining concept, include its commitment to act responsibly, to continue to build respectful and sustainable [...]
Aura Minerals Inc. is pleased to announce the appointment of Fabio Ribeiro to the Company’s Board of Directors effective April 22, 2020. Mr. Ribeiro has led diverse initiatives since the dawn of the internet, helping pioneer Brazil’s internet, founded and exited an aviation company, and currently leads forward-thinking technology fund Neptuno, as well as Central Asia-focused VC firm TUZ Ventures – both focused on the [...]
Aura Minerals Inc. today provided a further update regarding the interruption of operations at its San Andres Mine in Honduras in response to COVID-19 which Aura first announced on March 29, 2020 and provided an update on April 20, 2020. On March 26, 2020, the Honduran government issued a new official communication in which the government extended its previously-issued decree requiring Aura to operate with a minimal work [...]
Aura Minerals Inc. today provided an update regarding the interruption of operations at its San Andres Mine in Honduras in response to COVID-19 which Aura first announced on March 29, 2020. On March 16, 2020, the Honduran government approved by PCM Decree 21-2020, among others, the suspension of work in the public and private sectors, with private companies such as Aura having to operate with a minimal work force for [...]