ROAD TOWN, British Virgin Islands, December 12, 2022 (GLOBE NEWSWIRE) — Northwestern Enterprises Ltd. (“northwest“), a company beneficially owned by Paulo Carlos de Brito, announces that it has acquired 280,000 common shares (“Aura Stocks“) by Aura Minerals Inc. (“aura“) in ordinary course transactions on the Toronto Stock Exchange resulting in Northwestern owning, controlling or controlling an aggregate of 38,136,105 Aura shares, representing approximately 53.0671% of the issued and outstanding Aura shares. The 280,000 Aura shares were trading at an average of $7.70 per Aura share for a total of $2,156,000.

The acquisition of the Aura shares was completed as part of Northwestern’s ongoing review of its holdings and to allow it to increase its ownership position in Aura. Northwestern intends to continually evaluate its investment in Aura and may, depending on market conditions or other relevant factors, increase or decrease its ownership, control or direction of Aura common stock or other securities through market transactions, private agreements or otherwise.

For more information or to obtain a copy of the report required under the early warning obligations, please contact:

Paulo Carlos de Brito
Telephone: +5511 2164-7365
E-mail: paulo@springold.com

Northwest Enterprises Ltd.
Morgan & Morgan Building
Pasea Estate, Road Town
Tortola, British Virgin Islands