Aura Energy Secures $9M for Tiris Uranium Project Expansion

Aura Energy Limited (AU:AEE) has released an update.

Aura Energy Limited has successfully raised A$9 million through a placement, with significant backing from Sachem Cove Partners LLC, to expedite the development of its Tiris Uranium Project. The funds will aid in progressing the project beyond its final investment decision, targeting production by 2026/27. This move underscores the confidence of both existing and new investors in Aura’s growth potential and the Tiris project’s value.

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