09:00 PM EDT, 05/05/2025 (MT Newswires) -- Aura Minerals ( ORAAF ) , which rose 1.7% and hit 52 week highs yesterday, was in the news three times overnight Monday.

One, the company declared and approved the payment of a dividend of US$0.40 per common share (approximately US$30 million in total). This payment is above the minimum foreseen in the company's Dividend Policy and includes also a US$13.5 million receivable the company collected in April 2025 related to the sale of the Serrote project to Appian Capital LLC in 2018. Under the Dividend Policy, the company will determine quarterly cash dividends in an aggregate amount equal to 20% of its reported Adjusted EBITDA for the relevant three months less sustaining capital expenditures and exploration capital expenditures for the same period. The Dividend will be paid in US dollars on May 20, 2025, to shareholders of record as of the close of business on May 13, 2025. Holders of the company's Brazilian Depositary Receipts as of record date will receive US$0.1333 per BDR (since 1 Aura share is equivalent to 3 BDRs) and are expected to receive payment on or around May 30, 2025, and will receive the Brazilian Reais equivalent of the Dividend, based on a market exchange rate to be disclosed in a future Press Release, in advance of its payment date.

Two, Aura has confidentially submitted a draft registration statement on Form F-1 to the Securities and Exchange Commission in the United States relating to a proposed public offering of the company's common shares in the United States. The proposed public offering includes the registration and listing of its common shares in the United States. The public offering is expected to commence after the SEC completes its review processes, subject to market and other conditions. The number of common shares to be sold and the price range for the proposed offering have not yet been determined. The U.S. listing is part of Aura's strategy to unlock value for our shareholders, improve stock liquidity and consolidate the liquidity in the U.S. equity market.

Three, Aura reported first quarter adjusted net income of $26.903 million, more than double that of the year earlier period. It said total production in Q1 2025 reached 60,087 gold equivalent ounces, 9% below the Q4 2024 and a 7% decrease compared to the same period last year at constant metal prices. At current metal prices, production decreased by 10% when compared to the previous quarter, and by 12% in comparison to Q1 2024. The company said it "remains on track" to meet its 2025 guidance of 266,000 to 300,000 GEO. During the quarter, Aura commenced operations at Borborema, anticipated to be one of the company's largest and lowest cash cost operations. As production began at the end of March 2025, no volumes were recorded for the first quarter. The project was completed on schedule, within 19 months, and on budget. For 2025, Aura expects Borborema to produce between 33,000 and 40,000 ounces.

Rodrigo Barbosa, President, and CEO of Aura, said, "We have begun 2025 gaining great momentum from our operating results in line with our expectations, and we project the upcoming quarters to be stronger while Borborema should enter commercial production during Q3. During the first quarter, we reached another record high Adjusted EBITDA achieving US$ 295MM on LTM, with an average Gold Price of US$2,500 / Oz, significant lower that spot prices. Completing the Borborema project on time and within budget, we set another benchmark by finishing construction in just 19 months with zero Lost Time Incidents."

Meanwhile, Parkland Corporation ( PKIUF ) reported net earnings of $64 million ($0.37 per share, basic), as compared to net loss of $5 million ($0.03 per share, basic) in Q1 2024, and Adjusted earnings of $65 million ($0.37 per share, basic), as compared to $43 million ($0.25 per share, basic) in Q1 2024, but just missing the $0.38 analysts surveyed by FactSet forecast. Revenue edged 1.8% lower to $6.81 billion, versus a forecast $6.84 billion.

But the earnings was overshadowed by the news earlier in the day that Parkland is to be acquired by Sunoco LP in a transaction valued at $9.1 billion, while Parkland's largest shareholder Simpson Oil condemned the company's related AGM delay as a "final tactic" in the Parkland board's "failed campaign to cling to control"