BUZZ-Australia's Aura Energy falls most in over 4 months on discounted placement

Reuters

2024/12/17

** Shares of Australia's Aura Energy fall as much as 12.9% to A$0.135, its biggest intraday pct fall since Aug. 5

** Stock at its lowest level since Nov. 15

** Uranium explorer says got commitments to raise A$9 mln ($5.73 mln) via placement

** Placement at an issue price of A$0.14 per share, which represents a discount of 9.7% to stock's last close

** Funds from placement to help accelerate co's Tiris Uranium Project development in Mauritania

** Stock fallen 48.1% this year, as of 0022 GMT

($1 = 1.5694 Australian dollars)

(Reporting by Roshan Thomas in Bengaluru)

((Roshan.Thomas@thomsonreuters.com))

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