NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
TORONTO, Jan. 31, 2018 (GLOBE NEWSWIRE) —
Under the Merger, all Rio Novo shares (other than shares held by certain ineligible shareholders or in respect of which dissent rights have been validly exercised) will be converted into Aura shares. Upon completion of the Merger, Aura will be merged with Rio Novo and Aura will continue as the surviving company.
Aura is a mid-tier gold and copper production company focused on the development and operation of gold and base metal projects in the Americas. Aura’s assets include producing gold mines in Brazil and Honduras and a copper-gold-silver mine in Mexico currently under care-and-maintenance. On December 1, 2017, Aura announced that it has agreed to sell its copper-gold-iron Serrote da Laje project in Brazil for US$40 million.
About Rio Novo
Rio Novo is a gold mining exploration company with projects in the Americas. Rio Novo has two projects in Brazil, the
This news release contains certain “forward-looking information” and “forward-looking statements”, as defined in applicable securities laws (collectively, “forward-looking statements”), with respect to the Merger and the Meetings. Undue reliance should not be placed on forward-looking statements, as such statements are inherently uncertain and are subject to known and unknown risks.
For further information on Aura, please visit Aura’s web site at www.auraminerals.com or contact:
For further information on Rio Novo, please contact: