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Aura Energy Limited (ASX:AEE)

ALERT: Price-sensitive ASX Announcement for AEE
Current share price for AEE : $0.105 -0.07 (-40%)+
Announcement
Release
24 Nov 2025 8:21AM
Price at Release
$0.175
Full Release
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Summary
Aura Energy Limited has been granted a new exploration permit for the Gräsmyråsen nr 1 tenement in Sweden, covering 1012.12 hectares adjacent to its Häggån tenement. This new permit, valid until November 20, 2028, is expected to enhance exploration activities and possibly expand the existing Häggån Mineral Resources. The recent decision by the Swedish government to lift the ban on uranium exploration starting January 2026 supports Aura's strategic plans, which include transitioning from a uranium explorer to producer. Vanadis Battery Metals AB, a wholly owned subsidiary of Aura, holds exclusive rights to explore the Gräsmyråsen tenement.
Key Points
  • Aura Energy Limited has been granted a new exploration permit in Sweden.
  • The new tenement, Gräsmyråsen nr 1, spans an area of 1012.12 hectares adjacent to the existing Häggån tenement.
  • This expansion is expected to enhance Aura's exploration capabilities and potentially expand the Häggån Mineral Resources.
  • The Swedish government has lifted a ban on uranium exploration, effective from January 2026, which could influence Aura's uranium projects.
  • The Gräsmyråsen tenement is exclusively owned by Vanadis Battery Metals AB, a subsidiary of Aura Energy Limited.
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.