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Classified in: Mining industry, Covid-19 virus
Subjects: MISCELLANEOUS, MISCELLANEOUS

Aura Minerals Releases Its First Quarter 2020 Financial and Operational Results


ROAD TOWN, British Virgin Islands, May 22, 2020 (GLOBE NEWSWIRE) -- Aura Minerals, Inc. ("Aura Minerals" or the "Company") announces that the Company has filed today its interim financial statements for the first quarter of 2020, its associated management's discussion and analysis and related certification filings for the first quarter of 2020 (collectively, the "First Quarter Results").

Rodrigo Barbosa, CEO of Aura, comments: "As a result of the COVID-19 pandemic setting in during the first quarter, we prioritized our attention towards supporting our employees, the communities around which we operate and our stakeholders generally. The global effect of the pandemic is unprecedented and we remain committed to the health and safety of our employees, contractors and surrounding communities through this difficult time. With respect to the first quarter financial results of the year, while we were impacted by lower production and non-cash losses due to the devaluation of the Brazilian Real and Mexican Peso, our positive cash flow from operations and strong balance sheet allowed us to maintain our investments in our operations and complete the Gold Road acquisition.

About Aura 360° Mining

Aura is focused on mining in complete terms ? thinking holistically about how its business impacts and benefits every one of our stakeholders: our company, our shareholders, our employees, and the countries and communities we serve. We call this 360° Mining.

Aura is a mid-tier gold and copper production company focused on the development and operation of gold and base metal projects in the Americas. The Company's producing assets include the San Andres gold mine in Honduras, the Ernesto/Pau-a-Pique gold mine in Brazil, the Aranzazu copper-gold-silver mine in Mexico and one pre-operational gold mine in the United States, Gold Road. In addition, the Company has two additional gold projects in Brazil, Almas and Matupá, and one gold project in Colombia, Tolda Fria.

For further information, please visit Aura's website at www.auraminerals.com or contact:

Rodrigo Barbosa                      
President & CEO                      
305-239-9332


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