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Benzinga
Benzinga
Business
Kaustubh Bagalkote

Gold Miner Aura Minerals Plans $196 Million US IPO On Nasdaq, Eyes Growth In Brazil As Gold Nears $4,000 Forecast

Macro,View,Of,Stacks,Of,Gold,Bars

Canadian gold and copper miner Aura Minerals Inc. announced on Tuesday it plans to raise approximately $196.4 million through a U.S. initial public offering on the Nasdaq Global Select Market.

What Happened: The company will sell 8.1 million shares under the ticker symbol AUGO. Bank of America Securities and Goldman Sachs Group Inc. (NYSE:GS) are serving as global coordinators, while BTG Pactual and Itau BBA act as joint bookrunners.

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