An anonymous director reports
AURA TO VOLUNTARILY DELIST FROM TORONTO STOCK EXCHANGE
Aura Minerals Inc.'s application for a voluntary delisting of its common shares from the Toronto Stock Exchange has been approved by the company's board of directors and the TSX. It is expected that the common shares will be delisted from the TSX effective as of the close of markets on Sept. 25, 2025. The common shares will continue to be listed and traded on the Nasdaq Global Select Market under the symbol AUGO and the B3 -- Brasil Bolsa Balcao under the symbol AURA33. It is important to highlight that, on Aug. 29, 2025, Aura announced that the Brazilian Securities Commission (Comissao de Valores Mobiliarios, or CVM) approved the change in the company's Brazilian depositary receipts (BDRs) of the reference to a stock exchange for the common shares underlying the BDRs from TSX to Nasdaq.
Aura has decided to pursue the delisting of the common shares from the TSX following the completion of listing its common shares on Nasdaq on July 16, 2025, and its intention to consolidate the trading in the U.S. equity market, which the company expects will improve its stock liquidity. The decision for the delisting has also taken into consideration, among other things, the continuing fees and expenses associated with maintaining a TSX listing and the availability of an alternative market for the common shares on Nasdaq. Also, the company reaffirms that this change will not affect the rights of holders of BDRs listed on B3, which will continue to be supported by common shares, now listed on Nasdaq.
Holders of common shares in Canadian brokerage accounts are encouraged to contact their brokers to confirm how to trade their common shares on Nasdaq following the delisting of the common shares from the TSX.
In accordance with the TSX company manual, the TSX does not require shareholder approval of the voluntary delisting of the common shares from the TSX as an acceptable alternative market will exist for the common shares on the date of delisting.
Aura will continue to be a reporting issuer under applicable securities laws of Ontario, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, Prince Edward Island, and Saskatchewan following the delisting.
About Aura Minerals Inc.
Aura is focused on mining in complete terms -- thinking holistically about how its business impacts and benefits every one of the company's stakeholders: the company, its shareholders, its employees, and the countries and communities the company 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 under care and maintenance; and the Carajas copper project in the Carajas region, which is in the exploration phase.
We seek Safe Harbor.
© 2025 Canjex Publishing Ltd. All rights reserved.