Aura Minerals to Acquire Bluestone Resources
Company Announcements

Aura Minerals to Acquire Bluestone Resources

Story Highlights

Aura Minerals (TSE:ORA) has released an update.

Aura Minerals is set to acquire all outstanding shares of Bluestone Resources, valuing Bluestone at a significant premium with a total enterprise value of up to US$74.3 million. This acquisition includes the promising Cerro Blanco gold project in Guatemala and the Mita Geothermal project. Bluestone shareholders are offered a choice of cash or Aura shares, with the potential for additional payments contingent on future production milestones.

For further insights into TSE:ORA stock, check out TipRanks’ Stock Analysis page.

Related Articles
Carrie WilliamsAura Minerals (ORA) Unveils Dividend Details for Q4: Mark Your Calendar!
TipRanks Canadian Auto-Generated NewsdeskAura Minerals Enhances Bluestone Acquisition Deal
TipRanks Canadian Auto-Generated NewsdeskAura Minerals Adopts Quarterly Dividend Policy
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App