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Aura Energy Issues 6.3 Million Unquoted Long-Dated Options

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Aura Energy Issues 6.3 Million Unquoted Long-Dated Options

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The latest announcement is out from Aura Energy ( (AU:AEE) ).

Aura Energy Limited has notified the market of the issue of 6,311,688 unquoted options, each expiring on 30 June 2030 and exercisable at nil, under a previously announced transaction. The new options, which are not intended to be quoted on the ASX, expand Aura Energy’s pool of long-dated incentive securities and may influence the company’s future capital structure and dilution profile for existing shareholders as they vest or are exercised over time.

The most recent analyst rating on (AU:AEE) stock is a Buy with a A$0.38 price target. To see the full list of analyst forecasts on Aura Energy stock, see the AU:AEE Stock Forecast page.

More about Aura Energy

Aura Energy Limited (ASX: AEE) is an Australian-listed company active in the resources and energy sector, with a focus on developing mineral and energy-related assets. The company raises capital and incentivises stakeholders through a mix of quoted and unquoted equity securities on the ASX.

YTD Price Performance: 28.00%

Average Trading Volume: 2,478,167

Technical Sentiment Signal: Sell

Current Market Cap: A$147M

For a thorough assessment of AEE stock, go to TipRanks’ Stock Analysis page.

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