Aura Begins Trading on the OTCQX in the United States
20 October 2022 - 10:25PM
Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (OTCQX:
ORAAF) (“
Aura” or the
“
Company”) is pleased to announce that OTC Markets
Group Inc., operator of regulated markets for trading 12,000 U.S.
and international securities, has qualified Aura to trade on the
OTCQX® Best Market. Aura has been upgraded to the OTCQX from the
Pink® market and begins trading under the new symbol
“ORAAF”.
Rodrigo Barbosa, President and CEO of Aura,
commented, “Aura has undergone transformational change over the
last five years resulting in sustainable growth, one of the highest
dividend yields in the gold sector and a strong trajectory for the
future. We have also broadened our exposure across key markets,
ranking #1 for two straight years on the TSX30, being the first
listed gold company in Brazil with over 45,000 shareholders, and
now adding the U.S. to our market strategy to unlock further value.
Upgrading to the OTCQX is an important step in our evolution and
will provide American investors with greater accessibility to
trading our common shares while giving Aura a more robust potential
shareholder and capital base.”
U.S. investors can find current financial
disclosure and Real-Time Level 2 quotes for the company on
www.otcmarkets.com.
Upgrading to the OTCQX Market is an important
step for companies seeking to provide transparent trading for their
U.S. investors. For companies listed on a qualified international
exchange, streamlined market standards enable them to utilize their
home market reporting to make their information available in the
U.S. To qualify for OTCQX, companies must meet high financial
standards, follow best practice corporate governance and
demonstrate compliance with applicable securities laws.
Dorsey & Whitney LLP acted as the company’s
OTCQX sponsor.
About Aura 360° Mining
Aura is focused on mining in complete terms –
thinking holistically about how its 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
four additional gold projects in Brazil: Almas, under construction;
Borborema and Matupá, in development, and São Francisco, in care
& maintenance, and one gold project in Colombia, Tolda
Fria.
For further information, please visit Aura’s
website at www.auraminerals.com or contact:
Rodrigo BarbosaPresident &
CEO305-239-9332
Investor
Relationsir@auraminerals.com
Forward-Looking Information
This press release contains “forward-looking
information” and “forward-looking statements”, as defined in
applicable securities laws (collectively, “forward-looking
statements”) which may include, but is 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, including, without limitation, future growth, dividends,
anticipated results of the OTCQX quotation, and the development of
additional projects. Often, but not always, forward-looking
statements can be identified by the use of words and phrases such
as “plans,” “expects,” “is expected,” “budget,” “scheduled,”
“estimates,” “forecasts,” “intends,” “anticipates,” or “believes”
or variations (including negative variations) of such words and
phrases, or state that certain actions, events or results “may,”
“could,” “would,” “might” or “will” be taken, occur or be
achieved.
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, which include, without limitation,
copper and gold or certain other commodity price volatility,
changes in debt and equity markets, the uncertainties involved in
interpreting geological data, increases in costs, environmental
compliance and changes in environmental legislation and regulation,
interest rate and exchange rate fluctuations, general economic
conditions and other risks involved in the mineral exploration and
development industry. Readers are cautioned that the foregoing list
of factors is not exhaustive of the factors that may affect the
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.
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