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Aura Minerals Inc. (ORAAF) announced the launch of its United States public offering of common shares Monday, filing a registration statement on Form F-1 with the U.S. Securities and Exchange Commission.
The mining company seeks to raise approximately $210 million based on the closing price of its common shares on the Toronto Stock Exchange on July 4, 2025, and the Canadian dollar to U.S. dollar exchange rate reported by the Bank of Canada on the same day. The common shares are expected to be listed on the Nasdaq Global Select Market under the symbol "AUGO."
BofA Securities and Goldman Sachs & Co (NYSE:GS). LLC are serving as Global Coordinators for the offering. BTG Pactual and Itaú BBA are acting as Joint Bookrunners, while Bradesco BBI, National Bank of Canada (OTC:NTIOF) Financial Markets, RBC Capital Markets and Scotiabank (TSX:BNS) are serving as Co-Managers.
The company expects to grant underwriters a 30-day option to purchase additional common shares at the public offering price. The offering will be made in the United States only through a prospectus.
Aura operates five mining assets including the Minosa gold mine in Honduras, the Almas, Apoena, and Borborema gold mines in Brazil, and the Aranzazu copper, gold, and silver mine in Mexico. The company also owns several development and exploration projects across the Americas.
The registration statement has been filed with the SEC but has not yet become effective. According to the press release, shareholders’ preemptive rights in new share issuances are excluded under the company’s memorandum and articles of association.
The offering will not constitute a public offering in Brazil under applicable securities laws and has not been registered with the Brazilian Securities Commission. In Canada, the offering will be made exclusively through private placement to accredited investors.