Aura Energy Limited (ASX: AEE) has completed restructuring its uranium offtake agreement with Curzon Uranium Ltd. The restructure has improved the Tiris Uranium Project’s net present value (NPV) by US$22 million, bringing it to US$388 million, and increased the internal rate of return (IRR) to 36%. Curzon will receive a restructuring fee of AU$ 5.4 million in shares and has agreed to a private placement of the same amount in Aura shares. Additionally, Curzon will be issued unlisted options priced at AU$0.20 per option, expiring in September 2025. The restructure significantly enhances Aura’s financial position as it advances the Tiris Project.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.