ROAD TOWN, British Virgin Islands, Nov. 7, 2023 -- Aura Minerals Inc. (TSX: ORA, B3: AURA33 and
OTCQX: ORAAF) (“Aura” or the “Company”) announced that it has today entered into a subscription
agreement (the “Subscription Agreement”) with Altamira Gold Corp. (the “Issuer” or “Altamira”)
pursuant to which it acquired, in a non-brokered private placement (the “Private Placement”), 24,000,000
units of the Issuer (“Units”) at a price of C$0.125 per Unit for an aggregate purchase price of
C$3,000,000. Each Unit consists of one common share (each, a “Share”) and one common share
purchase warrant (each, a “Warrant”) of the Issuer. Each Warrant is exercisable to acquire one Share of
the Issuer at an exercise price of C$0.20 per Share for a period of two years from the date hereof.
Prior to entering into the Subscription Agreement, Aura did not own, directly or indirectly, any securities of
the Issuer. Immediately upon the closing of the Private Placement, Aura holds 24,000,000 Shares and
24,000,000 Warrants, representing approximately 11.35% of the issued and outstanding Shares on a
non-diluted basis and approximately 17.00% of the issued and outstanding Shares on a fully diluted
basis. Aura acquired the Units directly from the Issuer in the Private Placement and not through the
facilities of any stock exchange or other marketplace.
Aura is acquiring the Units for investment purposes given the exploration potential of Altamira. Aura may, from
time to time and depending on the market and other conditions, acquire additional securities of the Issuer,
dispose of some or all of the existing or additional securities it holds or will hold, or may continue to hold
its current position, depending on market conditions, reformulation of plans and/or relevant factors.
For additional information on Altamira, readers are encouraged to visit: https://altamiragold.com/. Altamira’s
head office is located at Suite 1500 409 Granville St., Vancouver, British Columbia, V6C 1T2.
This press release is issued pursuant to National Instrument 62-103 —The Early Warning System and
Related Take-Over Bid and Insider Reporting Issues, which also require a report to be filed with
regulatory authorities in each of the jurisdictions containing additional information with respect to the
foregoing matters (the “Early Warning Report”). A copy of the Early Warning Report will be filed with the
Issuer’s documents on the SEDAR+ website at www.sedarplus.com.
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 operating and developing gold and
base metal projects in the Americas. The Company has 4 operating mines including the Aranzazu
copper-gold-silver mine in Mexico, the EPP and Almas gold mines in Brazil, and the San Andres gold
mine in Honduras. The Company’s development projects include Borborema and Matupá both in Brazil.
Aura has unmatched exploration potential owning over 630,000 hectares of mineral rights and is currently
advancing multiple near-mine and regional targets along with the Serra da Estrela copper project in the
prolific Carajás region of Brazil. see & read more on
https://auraminerals.com/wp-content/uploads/2023/11/Aura-Early-Warning-Press-Release-October-2023.pdf