Aura Bio Corp. (OTC Bulletin Board: AUBC) has announced that its partner, Tolao Energy Nigeria plans to raise $10.0 million. Tolao has entered initial discussions with Capital Bancorp Ltd. of Nigeria (CBL) to secure funding.

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CBL is a Central Bank of Nigeria licensed multidisciplinary finance house and a member of the Nigerian Stock Exchange. The Company is registered with the Nigerian Securities and Exchange Commission as an Issuing House, Investment Advisor, Broker/Dealer and Portfolio Manager.

Aura Bio Corp. is a company focusing on developing and investing in clean energy projects.

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