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Aura Minerals Inc.

09:39 AM EST - Aura Minerals Inc. : Announced that the Supreme Court of Western Australia announced today its decision approving the proposed scheme of arrangement, pursuant to which Borborema LLC, an indirect wholly-owned subsidiary of Aura will acquire all the shares of Big River Gold Limited. Holders of Big River shares other than Dundee Resources Limited will receive A$0.36 in cash for each Big River share held. Aura will hold its interest in BidCo through an intermediate holding company and Dundee Resources has agreed, subject to certain limited conditions, to receive shares in JVCo, in lieu of the Cash Consideration in order to indirectly maintain an equity interest in Big River. Aura Minerals Inc. shares T.ORA are trading unchanged at $8.77.