Issue of Shares

RNS Number : 7624W

Aura Energy Limited

23 April 2019

 

AURA ENERGY LIMITED

("Aura" or the "Company")

Issue of Shares

Aura wishes to inform the market that on 23 April 2019 the Company issued the following ordinary shares:

Pursuant to Settlement Agreement with Swedish drilling group                             26,890.922

                                                                                                                          --------------------

Total number of ordinary shares on issue                                                         1,157,200,524

Ordinary shares held in Treasury                                                                                         Nil

Expected Admission date                                                                                       1 May 2019

On 14 February 2019, the Company and Geo-gruppen AB executed a Settlement Agreement for the latter to undertaken for and on behalf of the Company a 2,000-metre drilling campaign at the Company's Haggan battery metals project in Sweden.  Geo-gruppen completed the drilling campaign in mid-April and submitted its invoice for settlement which has resulted in the issue of 26,890,922 fully paid ordinary shares at 1.2 cents per share to extinguish the obligation.

The total number of ordinary shares on issue following the issue and Admission of the above Placement Shares will be 1,157,200,524 ordinary shares. 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)	Telephone: [phone] [e-mail]
WH Ireland Limited Adrian Hadden James Sinclair-Ford	Telephone: [phone]
Yellow Jersey PR Limited Charles Goodwill Joe Burgess	Telephone:  [phone] [phone]

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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