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Aura Minerals Secures Bluestone Acquisition Approval

Story Highlights
  • Aura Minerals’ acquisition of Bluestone Resources has received overwhelming shareholder approval.
  • The transaction offers Bluestone shareholders both cash or Aura shares, with court approval pending.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Aura Minerals (TSE:ORA) has released an update.

Protect Your Portfolio Against Market Uncertainty

Aura Minerals has announced that Bluestone Resources’ securityholders have overwhelmingly approved Aura’s acquisition of Bluestone. Shareholders can choose between cash or Aura shares as compensation, with an option for additional contingent payments. The transaction is pending final court approval, with closure expected in January 2025.

For further insights into TSE:ORA stock, check out TipRanks’ Stock Analysis page.

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