Ernesto/Pau-a-Pique project in Mato Grosso, Brazil. Credit: Aura Minerals
Aura Minerals Inc. is seeking to raise about $210 million in a US listing, as the gold and copper miner looks to expand its investor base.
The company, which already trades on exchanges in Canada and Brazil, will offer 8.1 million shares in the deal, according to a filing Monday with the US Securities and Exchange Commission. The listing is set to price on July 15, according to terms of the deal seen by Bloomberg News.
Aura will determine the offer price relative to the closing price of its Toronto Stock Exchange-listed shares on the day before the pricing date, the filing shows. At the close on Monday, that would value the shares offered at about $210 million, according to a statement.
The market value of Coconut Grove, Florida-based Aura has more than doubled this year, climbing to C$2.7 billion ($2 billion) in Toronto thanks…
