Aura Announces Pricing of U.S. Initial Public Offering

Core Viewpoint - Aura Minerals Inc. has priced its U.S. initial public offering (IPO) of 8,100,510 common shares at a price of US$24.25 per share, aiming to enhance liquidity and diversify its shareholder base through access to global capital markets [1][2]. Group 1: Offering Details - The primary purpose of the offering is to transfer Aura's principal listing to a U.S. stock exchange, which is expected to increase liquidity and broaden the shareholder base [2]. - The common shares have been approved for listing on the Nasdaq Global Select Market under the ticker symbol "AUGO," with trading set to begin on July 16, 2025 [4]. - The offering is expected to settle on or about July 17, 2025, subject to customary closing conditions [4]. Group 2: Use of Proceeds - Net proceeds from the offering will be used for several purposes, including funding the upfront cash payment for the acquisition of Mineração Serra Grande S.A. (MSG) and any potential capital expenditures at MSG [3]. - Additional uses of the proceeds include providing liquidity for strategic growth initiatives, advancing development projects like Era Dorada and Matupá, and exploration initiatives to expand mineral reserves [3]. Group 3: Underwriters and Regulatory Information - BofA Securities and Goldman Sachs & Co. LLC are acting as Global Coordinators, with BTG Pactual and Itaú BBA as Joint Bookrunners [5]. - A registration statement for the offering has been filed and declared effective by the U.S. Securities and Exchange Commission [7].