Australian-based Aura Energy (ASX:AEE) has successfully raised $10M to progress its portfolio of projects.

Aura Energy says it will develop the Tiris Zemmour province of Mauritania and support the Swedish government's drive for energy independence.

It also says it will submit an application for a uranium-export permit from Mauritania that it expects will be approved by the end of the year.

Following the announcement, shares of Aura Energy (ASX:AEE) were unchanged at $0.23.