Aura Announces Bluestone Securityholders' Approval of Transaction

Core Viewpoint - Aura Minerals Inc. has successfully acquired Bluestone Resources Inc. with overwhelming approval from Bluestone's securityholders, marking a significant step in its growth strategy [1][2]. Group 1: Transaction Details - The acquisition was approved by 99.48% of the votes cast by Bluestone's shareholders present or represented by proxy at the meeting [2]. - Bluestone shareholders can choose to receive either C$0.287 in cash or 0.0183 common shares of Aura for each Bluestone share held, with a maximum of 1,393,736 Aura shares available [3]. - Additionally, shareholders will receive contingent value rights that could yield up to C$0.2120 per Bluestone share, payable in three equal annual installments upon the Cerro Blanco project achieving commercial production [3]. Group 2: Next Steps - The Arrangement requires approval from the Supreme Court of British Columbia, with a final order expected on January 6, 2025, and the transaction's closing date anticipated on January 13, 2025 [4]. Group 3: Company Background - Bluestone Resources is a Canadian precious metals exploration and development company focused on opportunities in Guatemala, with its flagship asset being the Cerro Blanco gold project [5]. - Aura Minerals is a mid-tier gold and copper production company operating in the Americas, with four operating mines and a focus on holistic mining practices [6].