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Investegate |Aura Energy Limited Announcements | Aura Energy Limited: March 2021 Quarterly Report


 
Highlights:
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Aura launched a Rights Issue to eligible shareholders for 1 share for every 2 shares held post share consolidation, at a price of $0.026 per share, with strong support from shareholders.
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Three months from the record date, which will announced once confirmed ( Record Date ) the Company will also offer 1 Loyalty Option Rights Issue for every 3 Shares held, with the Loyalty Options having an upfront payment of $0.013 each, an exercise price of $0.052, and expiry of 30 June 2024.
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The recent placement coupled with the fully underwritten Rights Issue and Loyalty Options Rights Issue will recapitalise the Company, strongly positioning Aura to expedite the development of the zero emission Tiris Uranium Project. ....

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