Aura Declares Extraordinary Dividend of CAD$4 Million
ROAD TOWN, British Virgin Islands, Dec. 17, 2019 (GLOBE NEWSWIRE) — Aura Minerals Inc. (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.”Forward-Looking InformationThis press release contains “forward-looking information” and “forward-looking statements”, as defined in applicable securities laws (collectively, “forward-looking statements”) which include, but are not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future.Known and unknown risks, uncertainties and other factors, many of which are beyond the Company’s ability to predict or control, could cause actual results to differ materially from those contained in the forward-looking statements. Specific reference is made to the most recent Annual Information Form on file with certain Canadian provincial securities regulatory authorities for a discussion of some of the factors underlying forward-looking statements.All forward-looking statements herein are qualified by this cautionary statement. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements whether as a result of new information or future events or otherwise, except as may be required by law. If the Company does update one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements.About Aura 360° MiningAura is focused on mining in complete terms – thinking holistically about how our 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 two additional gold projects in Brazil, Almas and Matupá, and one gold project in Colombia, Tolda Fria.For further information on Aura, please visit Aura’s web site at www.auraminerals.com or contact:Rodrigo Barbosa
President & CEO