Aurora Energy Metals is a Brazil and Australia exploration company and to pursue Lithium and Uranium exploration in US. It is set to list on the Australian Securities Exchange (ASX).
Aurora Energy Metals has a flagship project – Aurora Energy Metals Project.
*Aurora Energy Metals Project – well-defined existing uranium mineral resource of 69.3Mt @ 248 ppm eu3o8 for 37.9MLB eu3o8 and lithium mineralisation present within an overlying separate lithological horizon.
Aurora Energy Metals raised $8 million at $0.20 per share in its initial public offering (IPO). The Public Offer opens on 6 Apr 2022 and closes on 26 Apr 2022. The date for quotation on ASX is 18 May 2022.
Note: The dates shown on this page are indicative only and may change without notice.
IPO Summary
| ASX code | 1AE |
| Name | Aurora Energy Metals |
| Website | https://auroraenergymetals.com/ |
| Share Registry | Link Market Services Limited |
| Underwriter | Not underwritten. Euroz Hartleys Limited (Lead Manager). |
| Opening Date for the Public Offer: | 6 April 2022 |
| Closing Date for the Public Offer: | 26 April 2022 |
| Date for New Shares to commence trading on ASX | 18 May 2022 11:00 am AEST |
| Funds to be raised under the Public Offer (before costs) | $8,000,000 |
| Offer price per Share | $0.20 |
| Shares on issue at the Prospectus Date | 102,610,990 |
| Shares to be issued under the Public Offer | 40,000,000 |
| Total Shares | 142,610,990 |
| Escrow | 19,856,808 Shares (a period of 24 months from quotation) |
| 2,933,333 Shares (a period of 12 months from 3 June 2021 ) | |
| 762,730 Shares (a period of 12 months from 19 November 2021) | |
| 23,349 Shares (a period of 12 months from 1 December 2021) | |
| 2,557,255 Shares (a period of 12 months from 24 January 2022) | |
| 8,852,220 Options (a period of 24 months from quotation) |
Source: Aurora Energy Metals prospectus