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Aura Continues Strategic Transformation Process With Management Change

ROAD TOWN, British Virgin Islands, Feb. 14, 2020 (GLOBE NEWSWIRE) -- Over the last 3 years, Aura has been focused on transforming itself into a stronger, more flexible growth company. This has been accomplished through changes to its portfolio, a strengthened balance sheet and the development of talent and management processes. With the completion of the ramp-up of the Aranzazu project last year, the integration of the Rio Novo acquisition and the recent announcement of a binding term sheet for an acquisition in the United States, Aura now operates three mining projects in the Americas and has three gold development projects in the Americas.
In order to move forward with Auraa??s growth strategy, combined with our focus on developing our management team and excellence in performance, we are very pleased to announce the following key management changes:Glauber Luvizotto, the current General Manager (GM) of our Aranzazu operation, assumes the role of Chief Operating Officer (COO) of Aura, responsible for mine operations, technical services and project development. Glauber will continue as the interim GM in Aranzazu while we find the right candidate to assume the role of GM of the Aranzazu operation.Kleber Cardoso, Auraa??s current Vice President of Finance, assumes the role of Chief Financial Officer (CFO) of Aura, responsible for financing, accounting, cash flows and Investors Relations.Sergio Castanho, our current Vice President of People and Management Process, assumes the role of Chief Transformational Officer (CTO) of Aura, responsible for people and management, innovation, business development and corporate strategy.
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