Aura Minerals purchases Gold Road Mine from Para Resources

Aura Minerals entered into a binding term sheet to purchase all shares of Z79 Gold (USA) Corp. from Para Resources, which owns a 94% interest in the Gold Road Mine in Arizona, for nominal cash and assumption of $35 million in liabilities. Closing expected on or about March 13, 2020.

“We believe that Gold Road has a good strategic fit with Aura’s portfolio.”bvi-company-mergers-acquisitions.blogspot.com

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• bvi-company-mergers-acquisitions.blogspot.comBVI Company Mergers & Acquisitions: Aura Minerals purchases Gold Road Mine from Para Resources LtdBrian Obvi, Offshore AnalystFeb 15, 2020

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