Aura Minerals (TSE:ORA) has released an update.
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Aura Minerals Inc. has announced the approval of a second issuance of non-convertible, secured debentures worth BRL 500 million by its subsidiary, Aura Almas Mineração S.A. These debentures will have a six-year term and the interest rate will be determined through a bookbuilding process. The funds raised are intended for the subsidiary’s cash reinforcement and business management.
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