BUZZ-Australia's Aura Energy jumps to 2-1/2-month high on Swedish project funding

Reuters
01/23
BUZZ-Australia's <a href="https://laohu8.com/S/AEE.AU">Aura Energy</a> jumps to 2-1/2-month high on Swedish project funding

** Shares of Australia's Aura Energy AEE.AX rise as much as 7.5% to A$0.215, their highest level since November 6

** Uranium explorer says MMCAP International and others will provide funding of C$10 million ($7.25 million) for a 19.7% interest in its polymetallic Haggan project in Sweden, valued at C$50 million

** Says it will transfer 100% of the Haggan project to UK miner SIU Metals to acquire 78.7% ownership of SIU Metals through SIU shares

** Stock has risen 13.2% so far this week, heading for a third consecutive weekly gain

** AEE up 14.3% YTD after a 40% rise in 2025

($1 = 1.3785 Canadian dollars)

(Reporting by Aamir Sheik Khalid in Bengaluru)

((Aamir.SheikKhalid@thomsonreuters.com))

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