Aura Minerals Announces Q3 2016 Financial and Operating Results

http://www.auraminerals.com/Investors/News-Events/News-Releases/News-Release-Details/2016/Aura-Minerals-Announces-Q3-2016-Financial-and-Operating-Results/default.aspx

TORONTO, ON — (Marketwired) — 11/10/16 — Aura Minerals Inc. (“Aura Minerals” or the “Company”) (TSX: ORA) announces financial and operating results for the third quarter of 2016.

This release does not constitute management’s discussion and analysis (“MD&A”) as contemplated by applicable securities laws and should be read in conjunction with the MD&A and the Company’s condensed interim consolidated financial statements for the three and nine months ended September 30, 2016, which are available on SEDAR at www.sedar.com and on the Company’s website. Unless otherwise noted, references herein to “$” are to thousands of United States dollar. References to “C$” are to thousands of Canadian dollar. Tables are expressed in thousands of United States dollar, except where otherwise noted.

  • Income of $734 or $0.01 per share for the three months ended (“three months ended” or “the third quarter of”) September 30, 2016 compared to income of $4,837 or $0.02 per share for the third quarter of 2015;
  • Effective cash operating income1 of $2,288 or $74 per ounce (“oz”) of gold sold for the third quarter of 2016 compared to an income of $1,547 or $41 per oz of gold sold for the third quarter of 2015;

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