Aura Energy Limited (AU:AEE) has released an update.
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Aura Energy Limited has successfully completed a placement, raising approximately A$9 million by issuing over 64 million shares at A$0.14 each. The funds will aid Aura’s transition from a uranium explorer to producer, capitalizing on the growing demand for nuclear power. The company is focused on its Tiris Uranium Project in Mauritania and Häggån Project in Sweden, aiming to support a cleaner energy future.
For further insights into AU:AEE stock, check out TipRanks’ Stock Analysis page.