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ROAD TOWN, British Virgin Islands, Jan. 14, 2025 /CNW/ - Aura Minerals Inc. (TSX: ORA) (B3: AURA33) ("Aura" or the "Company"), announces that in connection with the completion of its previously announced plan of arrangement and acquisition of Bluestone Resources Inc. ("Bluestone"), Aura has acquired 152,494,962 common shares of Bluestone, being all of their issued and outstanding common shares.
Under the terms of the Arrangement, Aura acquired all of the issued and outstanding Common Shares from the former shareholders of Bluestone by payment of C$26,255,313.33 in cash and the issuance 1,007,186 Aura shares. Aura also issued contingent consideration in the form of 146,519,452 contingent value rights (each a "CVR") providing each holder thereof with the potential to receive up to C$0.2120 for each CVR held, payable in three equal annual installments, contingent upon the occurrence of certain milestone events.
VANCOUVER, BC, Jan. 13, 2025 /CNW/ - Bluestone Resources Inc. ("Bluestone") (TSXV: BSR) (OTCQB: BBSRF) announced today that Aura Minerals Inc. ("Aura") (TSX: ORA) (B3: AURA33) (OTCQX: ORAAF) has completed the previously announced acquisition of Bluestone by way of a plan of arrangement under Division 5 of Part 9 the Business Corporations Act (British Columbia) (the "Arrangement" or the "Transaction").
VANCOUVER, BC, Jan. 6, 2025 /CNW/ - Bluestone Resources Inc. (the "Company" or "Bluestone") (TSXV: BSR) (OTCQB: BBSRF) announced today that the Company has obtained a final order from the Supreme Court of British Columbia approving the previously announced acquisition of Bluestone by Aura Minerals Inc. ("Aura") (TSX: ORA) | (B3: AURA33) | (OTCQX: ORAAF) by way of a plan of arrangement (the "Transaction").
VANCOUVER, BC and ROAD TOWN, British Virgin Islands, Nov. 5, 2024 /CNW/ - Bluestone Resources Inc. ("Bluestone") (TSXV:BSR | OTCQB:BBSRF) and Aura Minerals Inc. ("Aura") (TSX:ORA | B3:AURA33 |OTCQX:ORAAF), are pleased to announce that they have entered into an amending agreement (the "Amending Agreement") to the previously announced arrangement agreement dated October 25, 2024 (the "Arrangement Agreement") pursuant to which Aura will acquire all of the issued and outstanding common shares of Bluestone (the "Bluestone Shares") by way of a plan of arrangement under the Business Corporations Act (British Columbia) (the "Arrangement" or "Transaction").