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Aura Minerals Inc T.ORA

Alternate Symbol(s):  ORAAF

Aura Minerals Inc. is a mid-tier gold and copper production company. The Company is focused on operating and developing gold and base metal projects in the Americas. It has four operating mines, including the Aranzazu copper-gold-silver mine in Mexico, the Ernesto/Pau-a-Pique Project (EPP) and Almas gold mines in Brazil, and the San Andres gold mine in Honduras. The Company’s development projects include Borborema and Matupa, both in Brazil. It has unmatched exploration potential, owning over 650,000 hectares of mineral rights and focuses on advancing multiple near-mine and regional targets along with the Serra da Estrela copper project in the prolific Carajas region of Brazil. The Company has the right to explore the Pe Quente and Pezao Projects in the State of Mato Grosso, Brazil. The Aranzazu Mine is an underground copper mine that is located within the Municipality of Concepcion del Oro in the State of Zacatecas, Mexico. The San Andres Mine is an open-pit heap leach gold mine.


TSX:ORA - Post by User

Bullboard Posts
Post by yellowgulchon Dec 18, 2019 11:46am
156 Views
Post# 30468441

Dividend Jan 6th

Dividend Jan 6thhttps://seekingalpha.com/pr/17731130-aura-declares-extraordinary-dividend-of-cad-4-million

Aura Declares Extraordinary Dividend of CAD$4 Million

|GlobeNewswire

ROAD TOWN, British Virgin Islands, Dec. 17, 2019 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (ARMZF) (TSX: ORA) (“Aura” or the “Company”) (TSX:ORA) announced today that the board of directors of the Company approved the payment of an extraordinary dividend of CAD$4 million (CAD$0.92 per common share). The extraordinary dividend of CAD$0.92 per common share will be paid on January 6, 2020 to shareholders of record as of the close of business on December 27, 2019.

“Aura continues to be driven by a strategy to deliver shareholder value. This dividend is the result of significant progress and our operational performance achieved over the past two years,” said Mr. Rodrigo Barbosa, President and CEO of Aura. “Our ability to sell the Serrote Project, merge with Rio Novo and ramp up the Aranzazu Mine, which reached close to full production in the third quarter of this year, allowed us to reward shareholders. With a strong foundation of high-quality assets and strong leadership, we remain focused on driving operational efficiencies and strong financial performance while developing the projects in our pipeline for continued growth in 2020.”

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