Aura executes Loan Funding

RNS Number : 8666W
Aura Energy Limited
21 August 2020
 

21 August 2020

 

AURA ENERGY LIMITED

("Aura" or the "Company")

Aura executes Loan Funding

Aura Energy Limited (AEE:ASX, AURA: AIM) advises that it has executed short term loan funding of A$100,000 with Lind Global Macro Fund for general corporate purposes.

The terms are listed below and the funding does not include any securities.

 

Advance      A$106,000

Face Value Amount   A$127,000

Legal Fees  A$5,000 legal fees (Paid on repayment)

Repayment Date   31 December 2020

Interest rate      0% per annum

Security General Security Agreement by the Borrower in favour of the Lender, dated on or about 30 April 2019.

Governing law    Western Australia

Facility Fee      A$6,000

 

 

For further information please contact:

 

Aura Energy Limited

Peter Reeve (Executive Chairman)

SP Angel Corporate Finance LLP

(Nominated Advisor and Joint Broker)

Ewan Leggat

Caroline Rowe

 

WH Ireland Limited

(Joint Broker)

Adrian Hadden

James Sinclair-Ford

 

 

 

Yellow Jersey PR Limited

Felicity Winkles

Joe Burgess

 

Telephone: +61 (3) 9516 6500

info@auraenergy.com.au

Telephone: +44 (0) 203 470 0470

 

 

 

 

 

Telephone: +44 (0) 207 220 1666

 

 

 

 

 

Telephone: +44 (0) 7769 325 254

 

 

The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014.

 

 

 

 


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