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- Aura Minerals (OTCQX:ORAAF) Thursday mentioned that the Toronto Inventory Alternate has accepted the corporate’s discover of intention to launch a traditional course issuer bid for its issued and excellent frequent shares.
- Moreover, the corporate additionally introduced the concurrent launch of a buyback program for its Brazilian depositary receipts that are listed on the B3 S.A. – Brasil, Bolsa, Balcão, for the acquisition of BDRs by the corporate, its subsidiaries or funding autos.
- Below the NCIB, Aura Minerals could, if thought of advisable, repurchase by the amenities of the TSX and/or various Canadian buying and selling techniques, once in a while in the course of the foreign money of the NCIB, as much as an combination of two,261,426 frequent shares, representing 10% of the “public float” as of March 6.
- Below the TSX guidelines, the corporate could buy as much as 2,657 frequent shares on the TSX throughout any buying and selling day, which represents 25% of the typical day by day buying and selling quantity of 10,631 frequent shares on the TSX in the course of the six months ended February 29.
- Supply: Press Launch
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