Aura Energy Limited (AU:AEE) has released an update.
Aura Energy Limited has issued 1,543,958 new ordinary shares to fulfill obligations under its option funding agreements, effectively repaying all amounts advanced for the Tiris Uranium Project. The allotment was completed without investor disclosure under certain provisions of the Corporations Act, with the company ensuring compliance with all necessary regulatory requirements. Aura Energy continues to progress in discussions with various parties, aiming to transition from uranium exploration to production, driven by increasing demand for nuclear power in a decarbonizing global energy landscape.
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