May 14, 2010 (Canada NewsWire Group) -- YAMANA GOLD INC. (TSX:YRI; NYSE:AUY; LSE:YAU) announces that it has received and now owns and controls an additional 13,859,533 common shares of Aura Minerals Inc. ("Aura") at a value of Cdn.
Yamana has no current intention to acquire ownership or control over additional securities of Aura. It is the intention of Yamana to evaluate its investment in Aura on a continuing basis and such holdings may be decreased or increased in the future. Yamana acquired the shares as an accredited investor pursuant to the exemption set forth in section 2.3 of National Instrument 45-106 Prospectus and Registration Exemptions.
Yamana is a Canadian-based gold producer with significant gold production, gold development stage properties, exploration properties, and land positions in
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This news release contains "forward-looking statements" within the meaning of the