Aura Minerals Announces Three-for-One Spin-Off of BDR

Aura Minerals (TSE:ORA) released an update.

Aura Minerals Inc. announced a three-for-one forward split of its Brazilian Depositary Receipts (BDRs), a move that does not require any action by BDR holders and will not change the Company’s common stock. Following the split, the total number of BDRs will increase from 19,256,720 to 57,770,160, retaining their listing on the B3 – Brasil, Bolsa, Balcão under the same ticker symbol “AURA33.” The record date for the BDR split is July 10, 2024, with ex-rights trading commencing on July 11 and the new BDRs to be reflected in holders’ positions by July 15, 2024.

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