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Aurora Energy Metals Limited ( (AU:1AE) ) has issued an update.
Aurora Energy Metals reported progress in the December 2025 quarter on the planned sale of its Aurora Uranium Project to Eagle Energy Metals Corp., which is pursuing a Nasdaq listing via a business combination with Spring Valley Acquisition Corp. II. The option period for Eagle to acquire the project was extended to July 2026, with Eagle paying a US$400,000 extension fee and committing a further US$250,000 to work programs, while the structure and timing of resource-based milestones were revised to be measured at Eagle’s next SK1300 resource update. Initial consideration for the transaction is expected to total US$16 million in Eagle shares, with potential additional share-based milestone payments of up to US$10 million and a 1% net smelter royalty on future uranium production, underscoring a potentially significant upside exposure for Aurora to both project advancement and Eagle’s market performance. During the quarter Aurora also completed the acquisition of the Metalbelt Western Australian uranium exploration portfolio on simplified terms, continued a strategic review of complementary growth opportunities, appointed experienced mining executive Aidan Platel as General Manager to drive its WA strategy, and ended the period with $1.5 million in cash and no debt, indicating a lean but debt-free balance sheet as it pivots toward a more portfolio- and transaction-driven growth model.
The most recent analyst rating on (AU:1AE) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on Aurora Energy Metals Limited stock, see the AU:1AE Stock Forecast page.
More about Aurora Energy Metals Limited
Aurora Energy Metals Limited is an ASX-listed exploration and development company focused primarily on uranium assets, including its flagship Aurora Uranium Project and a portfolio of early-stage uranium exploration tenements in Western Australia. The company is positioning itself within the nuclear fuel supply chain by advancing resource-stage projects and leveraging partnerships and corporate transactions to unlock value from its asset base.
Average Trading Volume: 277,287
Technical Sentiment Signal: Buy
Current Market Cap: A$25.96M
Find detailed analytics on 1AE stock on TipRanks’ Stock Analysis page.