Canadian miner Aura Minerals plans to raise $196.4 million in a U.S. IPO, selling 8.1 million shares on the Nasdaq. The company aims to use the funds for exploration and growth initiatives. Founded in 1946, Aura focuses on gold and copper mining in the Americas. BofA Securities and Goldman Sachs are leading the offering.

Read more at Yahoo Finance: Canada’s Aura Minerals plans to raise over $196 million in US IPO