Aura Minerals shares rise 1.44% after-hours following a successful $196.4 million U.S. IPO.

Aura Minerals Inc. rose 1.44% in after-hours trading, with the company announcing that it has priced its U.S. initial public offering of 8,100,510 common shares at a public offering price of US$24.25 per common share. The company plans to use the net proceeds from the offering to transfer its principal listing venue to a stock exchange in the United States, which it believes will increase the liquidity of its common shares and strengthen and diversify its shareholder base through broader access to global capital markets.