An anonymous director reports

AURA ANNOUNCES S&P GLOBAL UPGRADES OUTLOOK TO POSITIVE B+ RATING ON LARGER SCALE AND FINANCIAL PERFORMANCE

S&P Global Ratings has upgraded its outlook on Aura Minerals Inc.'s global- and national-scale credit rating outlook to positive from stable, while affirming its B+ global-scale long-term issuer credit rating and brAA Brazilian national-scale rating.

According to S&P, the upgraded outlook reflects several key factors: (i) the U.S. listing should allow accelerated growth for Aura without any increase in leverage; (ii) Aura record of constructing small to medium projects and turning around older assets; and (iii) record high gold prices that are propelling free operating cash flow amid the company's significant expansion capital expenditure program.

Over the next 12 months, S&P also indicates the possibility of an upgrade if the company succeeds in increasing its scale, namely with the ramp-up of Borborema, integrating Serra Grande and starting another project in that time frame, while it keeps gross debt to earnings before interest, taxes, depreciation and amortization below 2.0 times. However, there can be no assurance whether S&P will take such action with respect to its ratings in the future.

The full report can be accessed on the S&P website or on the company's investor relations website.

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 company focused on the development and operation of gold and base metal projects in the Americas. The company's five operating assets include the Minosa gold mine in Honduras; the Almas, Apoena and Borborema gold mines in Brazil; and the Aranzazu copper, gold and silver mine in Mexico. Additionally, the company owns Era Dorada, a gold project in Guatemala; Tolda Fria, a gold project in Colombia; and three projects in Brazil: Matupa, which is under development, Sao Francisco, which is in care and maintenance, and the Carajas copper project in the Carajas region, in the exploration phase.

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