22:03:38 EDT Sat 05 Oct 2024
Enter Symbol
or Name
USA
CA



Aura Minerals Inc (4)
Symbol ORA
Shares Issued 72,398,525
Close 2024-07-05 C$ 13.00
Market Cap C$ 941,180,825
Recent Sedar Documents

Aura to split Brazilian depositary receipts 3:1

2024-07-05 20:11 ET - News Release

An anonymous director reports

AURA ANNOUNCES FORWARD SPLIT OF BRAZILIAN DEPOSITARY RECEIPTS

Aura Minerals Inc.'s board of directors and Comissao de Valores Mobiliarios (CVM) have approved a forward split of the company's Brazilian depositary receipts (BDRs) on the basis of three BDRs for each one BDR currently outstanding.

Each holder of record of old BDRs will receive three new BDRs for every old BDR held on such date. No action is required by the holders of BDRs in connection with the BDR split. There will be no changes to the common shares of the company. Prior to the BDR split, each BDR represented one common share of the company, and, following the BDR split, three BDRs will represent one common share of the company. The BDRs will continue to be listed on the B3 -- Brasil, Bolsa, Balcao under the symbol AURA33.

Currently, there are 19,256,720 BDRs with no par value issued and outstanding. Upon completion of the BDR split, there will be 57,770,160 BDRs with no par value issued and outstanding.

Details of the BDR split:

Record date:  July 10, 2024

Trading:  BDRs will be traded ex rights to the split from July 11, 2024, with the new BDRs being included in the holders' positions on July 15, 2024.

The company will keep its shareholders and the market in general informed regarding the developments of this press release. In case of any questions, the investor relations department is available for further clarification.

About Aura Minerals Inc.

Aura is focused on mining in complete terms -- thinking holistically about how its business impacts and benefits every one of its stakeholders: the company, its shareholders, its employees, and the countries and communities it serves. The company calls this 360-degree mining.

Aura is a mid-tier gold and copper production company focused on operating and developing gold and base-metal projects in the Americas. The company has four operating mines, including the Aranzazu copper-gold-silver mine in Mexico, Apoena and Almas gold mines in Brazil, and the San Andres gold mine in Honduras. The company's development projects include Borborema and Matupa, both in Brazil. Aura has unmatched exploration potential owning over 650,000 hectares of mineral rights, and is currently advancing multiple near-mine and regional targets along with the Serra da Estrela copper project in the prolific Carajas region of Brazil.

We seek Safe Harbor.

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