17 July 2025capital raising announcement● NeutralMajor
Aura closed its U.S. initial public offering of 8,100,510 common shares at US$24.25 each; the shares began trading on Nasdaq (ticker AUGO) on July 16, 2025. Proceeds are earmarked for the cash payment on the pending Mineração Serra Grande (MSG) acquisition, development projects such as Era Dorada and Matupá, exploration, and general corporate purposes. Underwriters hold a 30-day option for up to 1,215,077 more shares, and existing holders had no pre-emptive rights, so this new issuance adds shares to the total.