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Incentive Program for the Conversion of BDRs into Shares
Globenewswireยท2025-10-02 11:00

Core Viewpoint - Aura Minerals Inc. is launching an Incentive Program allowing holders of Brazilian Depositary Receipts (BDRs) to convert them into common shares at a ratio of three BDRs to one common share, without incurring conversion fees during a specified period from October 6, 2025, to November 6, 2025 [1][3][4] Summary by Sections Incentive Program Details - The conversion ratio is set at three BDRs for one common share, and each BDR holder can submit only one conversion request during the Subsidy Period [2][3] - Aura will cover the conversion fees charged by Banco Bradesco for eligible shareholders [3] - Holders are responsible for instructing their brokers on the conversion process [4] Company Overview - Aura Minerals focuses on the development and operation of gold and base metal projects across the Americas, with five operating assets including gold mines in Honduras and Brazil, and a copper, gold, and silver mine in Mexico [6] - The company also has several projects in Guatemala, Colombia, and Brazil, including one under development and others in care and maintenance or exploration phases [6] Strategic Intent - The Incentive Program is part of Aura's strategy to consolidate and enhance the trading of its shares on Nasdaq, with no expected impact on the company's financial performance [4]