Aurora Energy Metals Limited (AU:1AE) has released an update.
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Aurora Energy Metals Limited has entered into an option agreement with Eagle Energy Metals for a strategic sale of the Aurora Uranium Project. This transaction could yield Aurora up to $26 million in share consideration and option payments, and provide a significant stake in a US-listed company. Investors are attracted to the potential for increased valuation due to the project’s US-based leadership and listing, promising a promising upside for Aurora’s shareholders.
For further insights into AU:1AE stock, check out TipRanks’ Stock Analysis page.