Aura Minerals (TSE:ORA) has released an update.
Aura Minerals Inc. has announced the approval of a second issuance of non-convertible, secured debentures worth BRL 500 million by its subsidiary, Aura Almas Mineração S.A. These debentures will have a six-year term and the interest rate will be determined through a bookbuilding process. The funds raised are intended for the subsidiary’s cash reinforcement and business management.
For further insights into TSE:ORA stock, check out TipRanks’ Stock Analysis page.
