Issue of Shares

RNS Number : 4556M
Aura Energy Limited
11 May 2020
 

 

AURA ENERGY LIMITED

("Aura" or the "Company")

 

Issue of Shares

 

 

Aura wishes to inform the market that on 8 May 2020 the Company issued the following ordinary shares:

 

Private Placement  120,000,000

 

Ordinary shares held in Treasury  Nil

 

Expected Admission date  15 May 2020

 

Background

 

Issue of shares

 

On 8 May 2020 the Company issued 120,000,000 shares to three sophisticated and professional investors pursuant to s.708 of the Corporations Act.

 

The issue price was 0.275 cents per fully paid ordinary share.

 

The proceeds will be used for general working capital.

 

Total shares on issue

The total number of ordinary shares on issue following the issue and Admission of the above Shares will be 2,106,772,225.    There are no shares held in treasury and, therefore this figure may be used by shareholders, from the appropriate time, as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

 

For more information please visit www.auraenergy.com.au or contact the following:

 

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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