4th Oct 2021 11:46
(Alliance News) - Aura Energy Ltd on Monday asked to have trading in its shares on the Australian Securities Exchange halted pending the announcement of an offtake agreement.
In accordance with ASX rules, trading in Aura Energy shares were stopped at the end of trading on Monday, while Aura organises the announcement. Trading of the shares on AIM in London is unaffected, and Aura expects share trading in Australia to resume by Thursday.
Aura shares were up 23% to 13.60 pence in London on Monday morning. The stock had close up 2.3% at AUD0.22 in Sydney.
The Sweden and Mauritania-focused exploration company is based in Melbourne, Australia. Its portfolio includes the Tasiast South gold-base metal and Tiris uranium projects in Mauritania. An off-take agreement involves the pre-sale of output from a mine.
By Josie O'Brien; [email protected]
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