04:19 AM EDT, 07/16/2025 (MT Newswires) -- Aura Minerals (AUGO) said late Tuesday it priced its US initial public offering of 8.1 million common shares at $24.25 each.

Underwriters have a 30-day overallotment option to purchase up to 1.2 million additional shares.

Settlement of the IPO is expected to occur by Thursday, while the shares are expected to debut on the Nasdaq Global Select Market Wednesday under the ticker symbol "AUGO."

Net proceeds will be used to fund acquisitions, growth initiatives, and general corporate purposes, the company said.

Aura Minerals' shares currently trade on the Toronto Stock Exchange.