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     163  0 Kommentare Aura Announces the Settlement of the Over-Allotment BDRs in the Context of the Initial Primary and Secondary Public Offering with Restricted Efforts - Seite 2

    The number of Base Offering BDRs was increased by 6,430 BDRs offered by a certain individual shareholder of the Company, under the same conditions and at the same price of the Base Offering BDRs (the “Additional BDRs”).

    In addition to the Additional BDRs, the number of Base Offering BDRs was increased by 88,268 BDRs, of which 30,529 BDRs were allocated by the Company (the “Primary Over-Allotment BDRs”) and 57,739 BDRs were allocated by the Base Offering Selling Shareholder (the “Secondary Over-Allotment BDRs” and, together with the Primary Over-Allotment BDRs, the “Over-Allotment BDRs”), under the same conditions and at the same price of the Base Offering BDRs, pursuant to an option granted by the Company and the Base Offering Selling Shareholder to the Brazilian Underwriter that acted as stabilization agent, for the purposes of the services of stabilization of the price of the BDRs in connection with the Offering.

    The price per BDR was set at R$820.00 (the “Price per BDR”) (or C$204.75, based on the daily average rate of exchange published by the Bank of Canada on June 30, 2020) following the completion of the bookbuilding process and the approval of the Price per BDR by the Company’s Board of Directors. The Price per BDR is not indicative of the trading price of the BDRs that will prevail after the completion of the Offering.

    The total gross amount of the Base Offering BDRs and the Additional BDRs was R$790,113,460.00 (or C$197,291,330.96, based on the daily average rate of exchange published by the Bank of Canada on June 30, 2020). The total gross amount of the Over-Allotment BDRs was R$72,379,760.00 (or C$17,993,608.34, based on the daily average rate of exchange published by the Bank of Canada on August 6, 2020).

    Gross proceeds to the Company from the Primary Offering were R$271,447,060.00 (or C$67,780,330.88, based on the daily average rate of exchange published by the Bank of Canada on June 30, 2020), before deducting the underwriting discount and estimated Offering expenses. Gross proceeds to the Company from the Primary Over-Allotment BDRs were R$25,033,780.00 (or C$6,223,397.71, based on the daily average rate of exchange published by the Bank of Canada on August 6, 2020), before deducting the underwriting discount and estimated Offering expenses.

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    Aura Announces the Settlement of the Over-Allotment BDRs in the Context of the Initial Primary and Secondary Public Offering with Restricted Efforts - Seite 2 ROAD TOWN, British Virgin Islands, Aug. 06, 2020 (GLOBE NEWSWIRE) - Aura Minerals Inc. (TSX: ORA) (B3: AURA32) (the "Company" or “Aura”) today announces the settlement of the Over-Allotment BDRs (as defined below) of the previously announced …