Aura Energy Ltd (ASX:AEE,LON:AURA) maintains a clear strategy to advance the Tiris Uranium Project into production 2019, which is located in Mauritania.
The company will also continue gold and base metals exploration to bridge Tiris development phase, which will include the Häggån Polymetallic Project study work over next 2 years.
Häggån is in Sweden.
To advance these projects Aura is heading to market with a capital raising, and the ASX has granted a trading halt to prepare.
The halt will remain in place until the opening of trade on Friday 3rd November 2017, or earlier if an announcement is made to the market.