Harneys advises Aura Minerals on successful US IPO raising over US$196 million

Aura plans to use the proceeds from the IPO to support exploration efforts and to increase liquidity and financial flexibility, helping to carry out its ongoing strategic growth plans. This transaction marks a major milestone for the company as it expands its presence in the global mining market.

Aura Minerals is a mid-tier gold and copper production company focussed on operating and developing gold and base metals projects in the Americas. The company now has five operating mines, including the Apoena (EPP) and Almas gold mines in Brazil, the Aranzazu copper-gold-silver mine in Mexico, and the Minosa (San Adres) gold mine in Honduras. Aura Minerals’ development projects include Borborema and Matupa, both in Brazil.

Harneys is pleased to have supported Aura Minerals through this important transaction. Partner George Weston commented: “We are delighted to have assisted our long-term client Aura Minerals with this incredibly exciting next stage in their journey. It has been a very active year for our Corporate team globally on the capital markets side, and this deal is a great showcase of our practice.”

The Harneys team was led by George and included Senior Associate Priya Mattu and Associate Tamika Calme.

The Corporate team at Harneys advises on complex cross-border transactions involving British Virgin Islands, Cayman Islands, Bermuda, Jersey, Luxembourg, and Cyprus corporate vehicles. The team’s significant track record includes advising on high-profile private equity transactions, landmark IPOs, as well as public and private M&A and joint ventures. The firm’s expertise lies in advising entities listed or listing on all major stock exchanges, including the New York Stock Exchange, NASDAQ, the London Stock Exchange, AIM, the Hong Kong Stock Exchange, the Shanghai Stock Exchange, and the Luxembourg Stock Exchange.