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Published 3 months ago

Aura Secures Additional US$31 million in Financing and Announces Fully Funded Construction for the Borborema Project - Aura Minerals (OTC:ORAAF)

Summary by Ground News
Aura Minerals Inc. has entered into an agreement with Gold Royalty Corp. to secure US$31 million in financing to develop the Borborema Project. The US$21 million net smelter return royalty is composed of a US$10 million gold-linked loan (the "Gold-Linked Loan") Aura, through its subsidiaries, has now secured over US$145 million towards construction.

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