Aura Minerals Launches US IPO
Deal News | Jul 25, 2025 | White & Case LLP
Aura Minerals Inc., a company focused on the development and operation of gold and base metal projects in the Americas, has successfully completed a US initial public offering (IPO) raising $196.4 million by selling 8,100,510 common shares at $24.25 each. This marks the first IPO of a Brazilian company in the US since December 2021. The shares began trading on the Nasdaq Global Market under the ticker symbol 'AUGO' on July 16, 2025. Advisors on the IPO included global law firm White & Case LLP, which advised the underwriters comprising BofA Securities, Goldman Sachs, BTG Pactual, Ita BBA, Bradesco BBI, National Bank of Canada Financial Markets, RBC Capital Markets, and Scotiabank. The White & Case team was involved across various strategic locations including So Paulo, Mexico City, and Houston.
Sectors
- Mining
- Investment Banking
- Legal Advisory
Geography
- United States – The IPO took place in the US, where Aura Minerals' shares are now listed on Nasdaq.
- Brazil – Aura Minerals is a Brazilian company, marking this IPO as significant for Brazil, being the first US IPO of a Brazilian company since December 2021.
- Canada – The involvement of the National Bank of Canada Financial Markets as one of the co-managers positions Canada as relevant to the transaction.
- Mexico – Aura Minerals operates the Aranzazu copper, gold and silver mine in Mexico, and White & Case LLP had legal representatives from Mexico City.
Industry
- Mining – Aura Minerals is involved in the development and operation of gold and base metal projects, placing it squarely within the mining industry.
- Investment Banking – The article discusses the underwriting of Aura Minerals' IPO, involving banks like BofA Securities and Goldman Sachs, a key activity of the investment banking sector.
- Legal Advisory – White & Case LLP, a law firm, provided legal advice on the IPO, reflecting the legal advisory services industry.
Financials
- 196.4 million – The total amount raised by Aura Minerals Inc. through the IPO.
- 24.25 – Price per share during Aura Minerals Inc.'s IPO.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Aura Minerals Inc. | Target Company | Company | Focuses on the development and operation of gold and base metal projects in the Americas. |
| White & Case LLP | Legal Advisor | Company | A global law firm advising the underwriters on Aura Minerals' IPO. |
| BofA Securities | Global Coordinator | Company | Served as a global coordinator for the IPO. |
| Goldman Sachs & Co. LLC | Global Coordinator | Company | Served as a global coordinator for the IPO. |
| BTG Pactual and Ita BBA | Joint Bookrunners | Company | Served as joint bookrunners for the IPO. |
| Bradesco BBI, National Bank of Canada Financial Markets, RBC Capital Markets and Scotiabank | Co-Managers | Company | Co-managers for the IPO. |