We advised Aura Minerals on its U.S. IPO and Nasdaq listing

Davis Polk advised Aura Minerals Inc. on its $196.4 million U.S. initial public offering of an aggregate 8,100,510 common shares, at a price per share of $24.25. The common shares are listed on the Nasdaq Global Select Market under the symbol “AUGO.” BofA Securities and Goldman Sachs & Co. LLC acted as global coordinators, BTG Pactual and Itaú BBA acted as joint bookrunners and Bradesco BBI, National Bank of Canada Financial Markets, RBC Capital Markets and Scotiabank acted as co-managers of the offering.

Aura Minerals, based in Miami, Florida is focused on the development and operation of gold and base metal projects in the Americas. The company’s five operating assets are the Minosa gold mine in Honduras; the Almas, Apoena and Borborema gold mines in Brazil; and the Aranzazu copper, gold and silver mine in Mexico. Additionally, the company owns Era Dorada, a gold project in Guatemala; Tolda Fria, a gold project in Colombia; and three projects in Brazil.

The Davis Polk capital markets team included partner Manuel Garciadiaz and associates Matt Weaver and Lucas Pignaton Fenyves. The tax team included partner Corey M. Goodman, counsel Yixuan Long and associates Ted Lee and Zoey Chau. Counsel Sarah E. Kim and associate Caleb Beavers provided 1940 Act advice. Members of the Davis Polk team are based in the São Paulo and New York offices.

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