Aura Changes Record and Payment Dates for Dividend to be paid in December 2022
20 December 2022 - 1:05AM
Aura Minerals Inc. (TSX: ORA, B3: AURA33 and OTCQX: ORAAF) (“Aura”
or the “Company”) announced that, further to the Company’s press
release dated December 6, 2022 and in order to satisfy certain
administrative requirements in Canada, Aura’s Board of Directors
changed the record date (the “Record Date”) and the payment date
for its previously announced dividend (the “Dividend”) of US$0.14
per common share (approximately US$10.1 million in total).
The record date for the Dividend has been
changed from December 15, 2022 to December 23, 2022, and the
payment date for the Dividend has been changed from December 21,
2022 to December 30, 2022.
In accordance with the Company’s dividend policy
(the “Dividend Policy”), the Dividend is in respect of and is based
on Aura’s expected financial results for the six months ending on
December 31, 2022.
The Dividend will be paid on December 30, 2022
to shareholders of record as of the close of business on the Record
Date. All shareholders of record on the Record Date will receive
the Dividend in US dollars. Holders of the Company’s Brazilian
Depositary Receipts are expected to receive payment by January 10,
2023 as of Record Date previously announced of December 15, 2022
and will receive the Brazilian Reais equivalent of the Dividend,
based on a market exchange rate to be disclosed in a future Press
Release, in advance of its payment date.
Between December 19, 2022 and December 23, 2022,
the issuance and cancellation of BDRs will be interrupted.
The Dividend is not subject to withholding taxes
at the time of payment by the Company.
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
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 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, including the expected timing of the Dividend; expected
production levels in Q4 2022 and metal prices received in respect
thereof; the Company’s sustaining capital expenditures and
exploration capital expenditures for Q4 2022; the further potential
of the Company’s properties; and the ability of the Company to
achieve its short and long term outlook and the anticipated timing
and results thereof.
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. Forward-looking
statements are necessarily based upon a number of estimates and
assumptions that, while considered reasonable by the Company, are
inherently subject to significant business, economic and
competitive uncertainties and contingencies. 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, the ability of the
Company to achieve its short-term and longer-term outlook and the
anticipated timing and results thereof, the ability to lower costs
and increase production, the ability of the Company to successfully
achieve business objectives, 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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