Aura Minerals Inc. announced that it has today entered into a subscription agreement with
Altamira Gold Corp. pursuant to which it acquired, in a non-brokered private placement , 24,000,000 units of the Issuer at a price of C$0.125 per Unit for an aggregate purchase price of C$3,000,000. Each Unit consists of one common share and one common share purchase warrant of the Issuer. Each Warrant is exercisable to acquire one Share of the Issuer at an exercise price of C$0.20 per Share for a period of two years from the date hereof. Prior to entering into the Subscription Agreement, Aura did not own, directly or indirectly, any securities of the Issuer. Immediately upon the closing of the Private Placement, Aura holds 24,000,000 Shares and 24,000,000 Warrants, represent...