Aurora Energy Metals (1AE) Q3 2025 TU earnings summary

Executive summary

• Advanced activities for the Eagle Energy Metals Option Agreement, including metallurgical optimisation and support for Eagle's US listing.

• Received US$300,000 option payment after shareholder approval for the Aurora Uranium Project sale; further US$300,000 due if option extended.

• Maintained a cash position of $1.05 million with no debt at quarter end.

• Strengthened board with the appointment of Warren Hallam and a board restructuring.

Financial highlights

• Net cash from operating activities was $156,000 for the quarter, driven by option fee receipts.

• Cash and cash equivalents at quarter end totaled $1.05 million.

• No debt or financing facilities drawn at quarter end.

• Payments to related parties totaled $101,000 for the quarter.

Outlook and guidance

• Final phase of metallurgical test work at the Aurora Uranium Project to conclude in the June quarter, informing an Optimised Scoping Study in H2 2025.

• Continued support for Eagle's US listing and regulatory process.

• Initial fieldwork and landholder engagement planned for WA uranium tenements in the June quarter.