22:40:23 EDT Tue 26 May 2020
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Aura Minerals Inc (4)
Symbol ORA
Shares Issued 4,353,866
Close 2020-05-22 C$ 70.00
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Aura Minerals talks COVID-19, omits Q1 P&L from NR

2020-05-22 20:17 ET - News Release

Mr. Rodrigo Barbosa reports


Aura Minerals Inc. has filed 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 communities around which we operate and our stakeholders generally. The global effect of the pandemic is unprecedented and we remain committed to the health and safety of our employees, contractors and surrounding communities through this difficult time. With respect to the first quarter financial results of the year, while we were impacted by lower production and non-cash losses due to the devaluation of the Brazilian Real and Mexican Peso, our positive cash flow from operations and strong balance sheet allowed us to maintain our investments in our operations and complete the Gold Road acquisition.

About Aura Minerals Inc.

Aura is focused on mining in complete terms -- thinking holistically about how its business impacts and benefits every one of our stakeholders: our company, our shareholders, our employees, and the countries and communities we serve.

Aura is a mid-tier gold and copper production company focused on the development and operation of gold and base metal projects in the Americas. The Company's producing assets include the San Andres gold mine in Honduras, the Ernesto/Pau-a-Pique gold mine in Brazil, the Aranzazu copper-gold-silver mine in Mexico and one pre-operational gold mine in the United States, Gold Road. In addition, the Company has two additional gold projects in Brazil, Almas and Matupa, and one gold project in Colombia, Tolda Fria.

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