Wednesday, December 20, 2023
10:19 AM EST – Aura Minerals Inc. : Announced that, further to its press release dated December 15, 2023, Borborema Inc. a wholly owned subsidiary and indirect owner of the Company’s Borborema gold project in Rio Grande do Norte State, Brazil, has closed the agreement with Gold Royalty Corp. and has received cash proceeds today of US$31 million to develop the Borborema Project The US$31 million in proceeds is composed of US$21 million from the sale of a net smelter return royalty over the Borborema Project and US$10 million from a gold-linked loan. Aura Minerals Inc. (T.ORA) shares were down $0.16 at 9.3.
Stocks in Play: Aura Minerals Inc., Wed, 20 Dec 2023 10:27:06 EST