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Africa|Energy|PROJECT|Projects
Africa|Energy|PROJECT|Projects
africa|energy|project|projects

Aura urges shareholders to participate in share purchase offer

9th June 2023

By: Marleny Arnoldi

Deputy Editor Online

     

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ASX-listed Aura Energy has reminded shareholders to participate in the company’s share purchase plan (SPP) on June 13.

This follows Aura receiving firm commitments to raise A$10-million through the placement of about 54-million new fully paid ordinary shares at an offer price of A$0.185 apiece.

In conjunction with the placement, Aura is offering eligible shareholders the opportunity to participate in a SPP on the same terms as the placement to raise a further $1-million, with about 5.4-million new shares available for issue.

The SPP will enable Aura’s retail and exiting shareholders a base to participate in the growth of the company.

Eligible shareholders can apply for shares under the plan in increments of between $2 500 and $30 000.

Aura owns uranium and polymetallic projects in Africa and Europe. The company is, in particular, focused on developing the Tiris uranium project, in Mauritania.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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