Aura Minerals Closes Acquisition of Mineração Serra Grande Gold Mine from AngloGold Ashanti

Aura Minerals Inc. has completed the acquisition of Mineração Serra Grande S.A. (MSG), the owner of the Mineração Serra Grande gold mine in Crixás, Goiás, Brazil, from AngloGold Ashanti plc. The transaction involved an upfront cash payment of US$72.8 million, based on an agreed enterprise value of US$76 million, with customary closing adjustments. Additionally, Aura will make deferred payments equal to a 3% net smelter returns participation over the currently identified mineral resources of MSG, payable quarterly. In 2024, MSG produced 80,000 ounces of gold. Since 1998, the mine has produced over 3 million ounces, reaching a peak of 193,000 ounces in 2006. Aura plans to implement a detailed strategy to recover production, reduce dilution, increase efficiency, and invest in expanding resources and reserves at the site. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aura Minerals Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9594894-en) on December 01, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)