An anonymous director reports
AURA ANNOUNCES CONFIDENTIAL SUBMISSION OF DRAFT REGISTRATION STATEMENT FOR PROPOSED U.S. PUBLIC OFFERING
Aura Minerals Inc. has confidentially submitted a draft registration statement on Form F-1 to the Securities and Exchange Commission in the United States relating to a proposed public offering of the company's common shares in the United States.
The proposed public offering includes the registration and listing of the company's common shares in the United States. The public offering is expected to commence after the SEC completes its review processes, subject to market and other conditions. The number of common shares to be sold and the price range for the proposed offering have not yet been determined.
The U.S. listing is part of Aura's strategy to unlock value for its shareholders, improve stock liquidity and consolidate the liquidity in the U.S. equity market.
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. Aura 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 five operating mines, including the Aranzazu copper-gold-silver mine in Mexico, the Apoena, Almas and Borborema gold mines in Brazil, and the Minosa mine in Honduras. The company's development projects include Cerro Blanco in Guatemala and Matupa, both in Brazil. Aura has unmatched exploration potential owning over 630,000 hectares of mineral rights, and is currently advancing multiple near-mine and regional targets along with the Carajas (Serra da Estrela) copper project in the prolific Carajas region of Brazil.
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