Aura has announced an important transaction regarding its 100%-owned Häggån project. The asset will be transferred to a new unlisted vehicle, SIU Metals, which will be jointly owned 78.7% by Aura and 19.7% by a group of strategic investors led by MMCAP. The strategic investors will pay a consideration of C$10m for their stake, effectively valuing the business at C$50m (US$40m or 3pps). Proceeds will go towards advancing the project, including permitting and resource expansion through exploration ....
