Aura Minerals Announces Exercise of Warrants in Altamira Gold Corp.

Executive Summary

• Aura Minerals exercised 24 million common share purchase warrants to acquire shares of Altamira Gold Corp., increasing its stake from ~11.3% (non‑diluted) to ~18.2%.
• Post‑exercise, Aura holds 54 million Altamira shares and 3 million remaining warrants, representing roughly 19 % of the fully diluted share pool.
• The transaction is disclosed under NI 62‑103 Early Warning requirements; an Early Warning Report will be filed on SEDAR+.

Key Details

• Warrant Exercise: 24,000,000 Altamira warrants exercised at CAD 0.20 per warrant.
• Pre‑exercise Holdings: 30,000,000 shares + 27,000,000 warrants (≈11.3% non‑diluted, ≈19.5% fully diluted).
• Post‑exercise Holdings: 54,000,000 shares + 3,000,000 warrants (≈18.22% non‑diluted, ≈19.04% fully diluted).
• Purpose: Acquired for investment purposes based on Altamira’s exploration potential; Aura may buy additional securities or dispose of holdings in the future.
• Regulatory Filing: Disclosure made pursuant to National Instrument 62‑103 (Early Warning System); Early Warning Report to be filed on SEDAR+ website.
• Altamira Information: Head office – Suite 1500 409 Granville St., Vancouver, BC; website https://altamiragold.com/.

Notable Quotes

(No direct quotes were provided in the release.)