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Aura Energy Limited (ASX:AEE)

ALERT: Price-sensitive ASX Announcement for AEE
Current share price for AEE : $0.110 -0.13 (-54.17%)+
Announcement
Release
2 Feb 2026 6:39PM
Price at Release
$0.240
Full Release
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Summary
Aura Energy Limited announced a successful A$20 million capital raise through a placement of approximately 97.6 million fully paid ordinary shares at A$0.205 per share. The placement was strongly supported by both Australian and global institutional investors, and the funds will be allocated to the development of the Tiris Uranium Project, FID readiness, exploration, resource definition, and working capital. The placement aligns with Aura's strategy to transition into a uranium producer as demand for nuclear power increases. The company also highlighted the significance of the Häggån transaction in Sweden, expected to enhance its uranium project portfolio and benefit from legislative changes favorable to uranium mining.
Key Points
  • Firm commitments received for A$20 million placement.
  • Approximately 97.6 million shares issued at A$0.205 per share.
  • Strong investor support from Australia and globally.
  • Proceeds to fund Tiris Uranium Project development and other activities.
  • Placement shares to rank equally with existing shares.
  • Settlement and issuance expected by 10 February 2026.
  • Häggån transaction to strengthen uranium project exposure.
  • Sweden's legislative changes support uranium mining.
  • Aura aims to capitalize on increasing nuclear power demand.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.