Provided By GlobeNewswire
Last update: May 6, 2025
ROAD TOWN, British Virgin Islands, May 05, 2025 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA, B3: AURA33 and OTCQX: ORAAF) (“Aura” or the “Company”) announced today that the Company’s Board of Directors (the “Board”) has declared and approved the payment of a dividend (the “Dividend”) of US$0.40 per common share (approximately US$ 30 million in total). This payment is above the minimum foreseen in the Company’s Dividend Policy (the “Dividend Policy”) and includes also a US$ 13.5 million receivable the Company collected in April 2025 related to the sale of the Serrote project to Appian Capital LLC in 2018. Under the Dividend Policy, the Company will determine quarterly cash dividends in an aggregate amount equal to 20% of its reported Adjusted EBITDA² for the relevant three months less sustaining capital expenditures and exploration capital expenditures for the same period.
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