Aura Energy Limited has submitted an application for the quotation of securities to the Australian Securities Exchange (ASX). The company has requested the quotation of 1,000,000 fully paid ordinary shares. This application is in relation to the conversion of 1,000,000 options exercisable at $0.02 each, expiring on 31 December 2023. The shares will be issued to a consultant as part of their remuneration package.
This announcement follows the company's recent update on the Tiris Uranium Project in Mauritania, where Aura Energy has been granted a mining lease. The company is progressing with the development of the project, which is expected to become a significant uranium producer.
Aura Energy Limited is a Melbourne-based company focused on the exploration and development of uranium and battery minerals projects. The company has a portfolio of assets in Australia, Europe, and Africa, with a particular emphasis on low-cost, environmentally friendly production methods.
Investors can access all ASX announcements on the company's website.