Aura Announces Closing of the Big River Acquisition
September 22 2022 - 4:50PM
Aura Minerals Inc. (
TSX:ORA, B3:AURA33)
(“
Aura” or the “
Company”) is
pleased to announce that is has closed the previously announced
acquisition of Big River Gold Limited (see April 19, 2022,
September 2, 2022 and September 8, 2022 press releases for more
details). Moving forward, the Borborema Gold Project (“Borborema
Project”), located in Brazil, being Big River’s sole asset, will be
held pursuant to a joint venture among Aura and Dundee Resources
Limited (“
Dundee”) with Aura holding an 80%
interest and Dundee holding the remaining 20% interest.
About Aura 360° Mining
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. We call this
360° Mining.
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 and the Aranzazu copper-gold-silver mine
in Mexico. In addition, the Company has three additional gold
projects in Brazil, Almas, Borborema and Matupá, and one gold
project in Colombia, Tolda Fria.
For further information, please visit Aura’s website at
www.auraminerals.com or contact:
Rodrigo Barbosa
President
&
CEO 305-239-9332
Advisers and Counsel
Canaccord Genuity Corp. acted as exclusive
financial adviser, Gowling WLG (Canada) LLP acted as Canadian legal
adviser, and King & Wood Mallesons acted as Australian legal
adviser, to Aura.
Cassels Brock & Blackwell LLP acted as
Canadian legal adviser, and Blackwall Legal LLP acted as Australian
legal adviser, to Dundee Resources.
Big River appointed NextLevelCorporate as its
financial advisor and MinterEllison as its legal advisor.
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