Publication of Prospectus

Aura Energy Limited

23 April 2024

 

                                                                                                                              23 April 2024

Aura Energy Limited ("Aura" or the "Company") Publication of Prospectus

Aura Energy Limited (ASX:AEE, AIM:AURA) ("Aura", the "Company") advises that it has published a prospectus in relation to its share purchase plan ("SPP") and offer of options under the placement, initially announced on 18 March 2024 (the "Prospectus").

The full version of the Prospectus can be seen here: http://www.rns-pdf.londonstockexchange.com/rns/6548L_1-2024-4-23.pdf

To view the Letter to the Eligible Shareholders, please click here: http://www.rns-pdf.londonstockexchange.com/rns/6548L_2-2024-4-23.pdf

The Company is offering Eligible Shareholders (as defined in the Prospectus) the opportunity to apply to participate in the Company's share purchase plan to raise up to approximately A$2 million (before costs) ("SPP Offer")

Additionally, the Company wishes to provide Eligible DI Holders (as defined below) the opportunity to apply for up to A$30,000 (£15,600) worth of fully paid ordinary shares in the Company ("SPP Shares") (being up to 166,666 SPP Shares) at an issue price of A$0.18 (£0.0936) for each SPP Share, without incurring brokerage or other transaction costs. Eligible DI Holders whose application pursuant to the SPP Offer is successful will be issued SPP Shares tradeable on AIM and three (3) free attaching options for every four (4) SPP Shares issued under the SPP Offer, exercisable at A$0.30 (£0.156) per option and expiring two years from the date of issue ("SPP Options"). The SPP Options will not be admitted to trading on AIM, and will only be tradeable on ASX (subject to the Company satisfying the official quotation requirements of ASX).

"Eligible DI Holders" will be those holders that satisfy all of the below:

·    holders of Depositary Interests ("DI") in respect of Shares as at 6:00am (GMT) on Friday, 15 March 2024, being the Record Date;

·    who were recorded on the DI Register with an address in Australia, the United Kingdom or New Zealand;

·    who are not resident or located in the United States, and not acting for the account or benefit of persons in the United States; and

·    who are not resident or located in any other jurisdiction in or into which an offer of SPP Shares would be unlawful.

DI holders who are not Eligible DI Holders are unable to participate in the SPP Offer.

Eligible DI Holders will be provided with a letter from Computershare Investor Services PLC, as Depositary in relation to the Company's DI's ("Eligible DI Holder Letter") and an application form to be used for the purposes of applying under the SPP Offer.

To view the Eligible DI Holder Letter, please click here: http://www.rns-pdf.londonstockexchange.com/rns/6548L_3-2024-4-23.pdf

To view the Target Market Determination Letter, please click here: http://www.rns-pdf.londonstockexchange.com/rns/6548L_4-2024-4-23.pdf

The Prospectus, Eligible DI Holder Letter and Target Market Determination Letter can also be viewed on the Company's website: www.auraenergy.com.au

Defined terms used in this announcement shall have the same meaning as in the Prospectus unless otherwise specified.

The timetable and certain sections of the Prospectus are reproduced below:

Timetable

Event	Date*
	Shareholders	DI Holders
Record Date to identify Eligible Shareholders entitled to participate in the SPP Offer	7:00pm (AEST) on Friday, 15 March 2024	6:00am (GMT) on Friday, 15 March 2024
Announcement of Placement and SPP Offer	Monday, 18 March 2024	Monday, 18 March 2024
Lodgement of Prospectus with ASIC and ASX	Tuesday, 23 April 2024	Tuesday, 23 April 2024
Opening Date of Offers	Tuesday, 23 April 2024	Tuesday, 23 April 2024
General Meeting to approve (amongst other matters) the issue of the New Securities and Director Placement Shares	Tuesday, 21 May 2024	Tuesday, 21 May 2024
Closing Date for the Offers	5:00pm (AEST) on Thursday, 23 May 2024	1:00pm (BST) on Thursday, 23 May 2024
Announcement of SPP Offer results (conditional upon Shareholder approval at the General Meeting)	Thursday, 30 May 2024	Thursday, 30 May 2024
Issue of New Securities and Director Placement Shares (to the extent approved at the General Meeting)	Thursday, 30 May 2024	Thursday, 30 May 2024
Official Quotation of SPP Shares on ASX	Thursday, 30 May 2024	Thursday, 30 May 2024
Admission of SPP Shares and Director Placement Shares on AIM	Thursday, 30 May 2024	Thursday, 30 May 2024
Subject to satisfying ASX requirements, Official Quotation of SPP Options and Placement Options under the Offers (noting the SPP Options and Placement Options are not being admitted to trading on AIM)	Thursday, 30 May 2024	Thursday, 30 May 2024

Details of the SPP Offer

About the SPP Offer
What is the SPP Offer?	The SPP Offer provides Eligible Shareholders with an opportunity to apply for up to A$30,000 (£15,600) worth of SPP Shares, being 166,666 SPP Shares (and the corresponding 124,999 free attaching SPP Options, on a three (3) for four (4) basis) without paying brokerage or other transaction costs. The SPP Shares will be admitted to trading on the ASX and AIM.  The SPP Options will not be admitted to trading on AIM, only the ASX (subject to satisfying the ASX quotation requirements). Refer to Section 2.1 of the Prospectus for further details.
What is the Issue Price of SPP Shares?	The Issue Price for each SPP Share is A$0.18 (£0.0936), being a discount of: ·              18.2% discount to A$0.22, being the closing price of Shares on ASX on 14 March 2024 (being the last day on which trades of Shares occurred before the Company announced the Placement and SPP Offer); and ·              23.5% discount to the 5-day VWAP of Shares up to and including 14 March 2024. The method used to calculate the Issue Price was to match it to the issue price per Share offered pursuant to the Placement. The maximum subscription amount of A$30,000 (£15,600) and the Issue Price of A$0.18 (£0.0936) is based on an AUD/GBP foreign exchange rate of 0.52 (rounded to 2 decimal places) prevailing as at the date of the announcement of the SPP Offer (refer to the Company's ASX and AIM announcements dated 18 March 2024).
Why is the Company making the SPP Offer?	The SPP Offer is part of a capital raising being implemented in conjunction with a Placement to the Placement Investors, which was announced to the ASX and AIM on 18 March 2024.  The SPP Offer gives Eligible Shareholders the opportunity to apply to invest in the Company at the same issue price per Share as the Placement. The Company presently intends to use funds raised under the SPP Offer for the purposes set out in Section 3.1 of the Prospectus.
Who is eligible to participate in the SPP Offer?	Only Eligible Shareholders (as defined in Section 2.8 of the Prospectus) may apply to participate in the SPP Offer. Shareholders that are not Eligible Shareholders are not eligible to apply to participate in the SPP Offer. DI Holders are not Eligible Shareholders and should not complete SPP Application Forms or send any monies in accordance with the instructions set out in the Prospectus. The SPP Offer is also being extended to Eligible DI Holders. Eligible DI Holders will be sent the Eligible DI Holder Letter and accompanying application form with instructions as to how they may participate in the SPP Offer, should they wish to.
What if I am located outside of Australia, the United Kingdom or New Zealand?	The SPP Offer is not being extended, and no SPP Securities will be issued to Shareholders with a registered address that is outside of Australia, the United Kingdom or New Zealand or any other jurisdiction where the Company is not satisfied that it is lawfully able to make such an offer or issue the Prospectus without being required to take any further action in the relevant jurisdiction concerned. Shareholders in the United States are not eligible to participate in the SPP Offer. Similarly, Shareholders (including trustees, nominees and Custodians) who are acting for the account or benefit of persons in the United States, are not eligible to participate in the SPP Offer on behalf of those persons. The Prospectus does not constitute a UK prospectus and has not been approved by the UK Financial Conduct Authority. In the United Kingdom, the Prospectus is being distributed only to, and is directed at, persons (i) who have professional experience in matters relating to investments falling within Article 19(5) (investment professionals) of the Financial Services and Markets Act 2000 (Financial Promotions) Order 2005 ("FPO") or, (ii) who fall within the categories of persons referred to in Article 49(2)(a) to (d) (high net worth companies, unincorporated associations, etc.) of the FPO or (iii) who fall within the categories of persons referred to in Article 43(2) (members and creditors of certain bodies corporate) of the FPO or (iv) to whom it may otherwise be lawfully communicated ("relevant persons"). The investment to which the Prospectus relates is available only to relevant persons. Any person who is not a relevant person should not act or rely on the Prospectus. The distribution of the Prospectus in jurisdictions outside Australia may be restricted by law and therefore persons into whose possession the Prospectus comes should seek advice on and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of those laws. Refer to Section 2.21 of the Prospectus for further details.
What are the rights and liabilities attaching to the SPP Shares?	The SPP Shares (and shares issued on exercise of the SPP Options) issued under the SPP Offer will, from their time of issue, rank equally in all respects with the Company's existing Shares on issue. The SPP Shares issued under the SPP Offer will be admitted to trading on ASX and AIM. Refer to Section 5.1 of the Prospectus for details on the rights and liabilities attaching to Shares.
Do I have to participate in the SPP Offer?	No, participation is entirely voluntary. If you do not wish to apply for SPP Securities in the SPP Offer, no action is required on your part. Please note that Eligible Shareholders who do not participate will have their percentage shareholding in the Company reduced, for example as a result of any issue of SPP Shares to participating Eligible Shareholders.
How long is the SPP Offer period?	The SPP Offer opens for acceptances on Tuesday, 23 April 2024 and all Applications and payments of Application Monies must be received by no later than 5:00pm (AEST) / 1:00pm (BST) on Thursday, 23 May 2024, subject to any variation of the Closing Date by the Directors.
Will the SPP Options be quoted?	The Company proposes to seek quotation of the SPP Options subject to satisfying the quotation requirements of the ASX. The SPP Options will only be admitted to Official Quotation by the ASX if the conditions for quotation of a new class of securities are satisfied. Failure to obtain Official Quotation of the SPP Options will not prevent the issue of the SPP Options and will not cause any such issue to be void pursuant to the Corporations Act, as the SPP Offer is not conditional upon Official Quotation of the SPP Options being granted. However, the SPP Offer is conditional on the relevant SPP Shares which are issued pursuant to the SPP Offer being admitted to Official Quotation by the ASX before the expiration of three months after the date of issue of the Prospectus (or within such longer period as may be permitted by law). If Official Quotation of the SPP Options is not granted, the SPP Options issued pursuant to the SPP Offer will not be able to be traded on the ASX. Application is not being made for the admission of the SPP Options to trading on AIM. Refer to Sections 2.16 and 2.17 of the Prospectus for further details. For the terms and conditions of the SPP Options (and the Placement Options) please refer to to Section 5.2 of the Prospectus.
What are the key risks of an investment in the Company?	The SPP Securities offered should be considered highly speculative because of the nature of the business activities of the Company and no assurances can be made that the Company's particular business activities will be successful. Potential investors should consider whether the SPP Securities offered are a suitable investment having regard to their own personal investment objectives and financial circumstances and the risk factors detailed in Section 4 of the Prospectus.
How do I apply under the SPP Offer?	If you are an Eligible Shareholder and you wish to subscribe for SPP Securities under the SPP Offer, please pay your Application Monies in accordance with the instructions in the Prospectus (including in Sections 2.10 and 2.12 of the Prospectus) and the SPP Application Form. Pursuant to the SPP Offer, Eligible Shareholders may apply for a maximum of A$30,000 (£15,600) worth of SPP Shares (being 166,666 SPP Shares and the corresponding 124,999 SPP Options). Eligible Shareholders may participate by selecting one of the following options to make an Application for SPP Securities under the SPP Offer: Parcel Application Monies Value of Depositary Interests1 Number of SPP Shares Number of attaching SPP Options A A$30,000 £15,600 166,666 124,999 B A$25,000 £13,000 138,888 104,166 C A$20,000 £10,400 111,111 83,333 D A$15,000 £7,800 83,333 62,499 E A$10,000 £5,200 55,555 41,666 F A$5,000 £2,600 27,777 20,832 G A$2,000 £1,040 11,111 8,333 H A$1,000 £520 5,555 4,166 I A$500 £260 2,777 2,082 Notes: 1.     Based on an AUD/GBP foreign exchange rate of 0.52 (rounded to 2 decimal places) prevailing as at the date of the announcement of the SPP Offer (refer to the Company's ASX and AIM announcements dated 18 March 2024). The above table details the number of SPP Securities that would be issued for different amounts of Application Monies (assuming there is no scale back of applications) and assuming the Company accepts the Application and elects to issue those SPP Securities (which election is in the Company's sole discretion). Where the amount applied for results in a fraction of a SPP Security, the number of SPP Securities issued will be rounded down to the nearest whole number. If you do not provide the exact amount of Application Monies, the Company reserves its right to return your Application Monies or round your Application Monies down to the next valid parcel. If the Company returns all your Application Monies, no SPP Securities will be issued to you. If an Eligible Shareholder applies for an amount which is not exactly divisible by the Issue Price, in calculating the number of SPP Shares to be issued, all fractional entitlements will be rounded down to the nearest whole number of Shares. The Company will not refund any resulting small excess in subscription monies (i.e., A$5 (£2.60) or less) which will be deemed to form part of the aggregate Issue Price for the SPP Shares. The SPP Offer is non-renounceable, which means that Eligible Shareholders may not transfer their rights to apply for any SPP Securities under the SPP Offer. SPP Application Forms and payments under the SPP Offer are irrevocable and may not be withdrawn once the Company receives it. Applications may be scaled back or rejected, at the absolute discretion of the Company. DI Holders are not Eligible Shareholders and should not complete an SPP Application Form or send any monies in accordance with the instructions set out in the Prospectus.  Eligible DI Holders will be sent the Eligible DI Holder Letter and accompanying application form with instructions as to how they may participate in the SPP Offer, should they wish to.
When will the SPP Securities be allotted?	It is expected that the SPP Securities will be issued on Thursday, 30 May 2024. However, if the Closing Date is extended or accelerated by the Company, the date for issue may also alter.

Purpose of the Offer

The purpose of the Prospectus is to:

·    make the SPP Offer and the Placement Options Offer;

·    facilitate any potential secondary trading of the New Securities; and

·    facilitate any potential secondary trading of the Shares to be issued upon exercise of the SPP Options and Placement Options. Issuing the SPP Options and Placement Options under the Prospectus will enable persons who are issued SPP Options and/or Placement Options to on-sell the Shares issued upon exercise of those Options, pursuant to ASIC Corporations (Sale Offers That Do Not Need Disclosure) Instrument 2016/80.

However, the Company is not specifically proposing to issue the New Securities for the purpose of the persons to whom they are issued selling or transferring their New Securities, or granting, issuing or transferring interests in, or options or warrants over, their New Securities. The Prospectus does not constitute a UK prospectus and has not been approved by the UK Financial Conduct Authority.

The Placement and SPP Offer are being undertaken for the Company to raise up to approximately A$18.2 million (before costs). Of that total amount which may be raised, approximately A$16,140,401 has already been received by the Company as the aggregate issue price for the Tranche 1 Placement.

The above amounts exclude any funds which may be raised in future from any exercise of the SPP Options and Placement Options issued pursuant to the Prospectus.

Funds raised from issue of Shares pursuant to the Placement and from the issue of SPP Shares, and any exercise of the SPP Options and Placement Options, are indicatively proposed to be used towards:

·    assisting the Company with pre-development activities at the Tiris Project in Mauritania, with a final investment decision expected in 2024 and production expected in 2026;

·    supporting development of the Häggån Project in Sweden; and

·    providing additional working capital.

As with any budget, intervening events and new circumstances have the potential to affect the manner in which the funds are ultimately applied. The Board reserves the right to alter the way funds are applied.

Effect on the Capital Structure

The effect of the Offers on the capital structure of the Company, assuming the maximum numbers of New Securities are issued pursuant to the Offers (and assuming the Director Placement Shares are issued), is as follows (actual figures may vary, for example due to rounding):

	Shares	Options	Loan Funded Shares3
Securities on issue as at the date of the Prospectus	689,516,4771	65,283,6052	38,000,000
Director Placement Shares to be issued under the Tranche 2 Placement4	722,222	-	-
SPP Securities to be issued under the SPP Offer (assuming maximum number of SPP Shares are issued)5	11,111,108	8,333,331	-
Placement Options to be issued under the Placement Options Offer6	-	67,793,338	-
TOTAL7	700,715,519	142,104,562	38,000,000

Notes:

1.        This figure comprises the 89,668,896 Shares that were issued under the Tranche 1 Placement on 25 March 2024.

2.       This figure comprises the following:

(a)    64,898,989 listed Options expiring 30 June 2024 exercisable at A$0.052 per Option; and

(b)    384,616 unlisted Options expiring 30 June 2024, exercisable at A$0.052 per Option.

3.       The Loan Funded Shares are unlisted fully paid shares issued under the Company's Loan Funded Equity Scheme.

4.       The Director Placement Shares under the Tranche 2 Placement are anticipated to be issued on or around Thursday, 30 May 2024 (subject to Shareholder approval at the General Meeting).

5.       This assumes the maximum amount of A$2 million is raised pursuant to the SPP Offer. The SPP Securities under the SPP Offer are subject to Shareholder approval at the General Meeting.

6.       This figure comprises 722,222 of the Placement Options to be issued under the Tranche 2 Placement pursuant to the Placement Options Offer (subject to Shareholder approval at the General Meeting). The terms and conditions of the Placement Options are detailed in Section 5.2 of the Prospectus.

7.       On a fully diluted basis, assuming all of the Options detailed above convert into Shares and all of the Loan Funded Shares vest, the Company's issued capital detailed above would equate to 880,760,081 Shares. No forecast is made of whether any Options will be exercised or converted into Shares.

Effect of the Offers on control of the Company

Company is of the view that the Offers will not affect the control (as defined by section 50AA of the Corporations Act) of the Company. No new investor or existing Shareholder will have a Voting Power greater than 20% as a result of the completion of the Offers.

Pro Forma Statement of Financial Position

The pro forma statement of financial position of the Company as at 31 December 2023 has been prepared by the Company based on the audit reviewed statement of financial position as at 31 December 2023, and adjusted to reflect pro forma assets and liabilities of the Company as if completion of the SPP Offer and the Placement had occurred by 31 December 2023. 

The pro-forma financial information has not been audited or reviewed and, other than the estimated costs of the SPP Offer and the Placement, it does not include the indicative expenditure of the proceeds of the SPP Offer and the Placement.  

The pro forma financial information is presented in an abbreviated form, in so far as it does not include all of the disclosure statements or comparative information required by Australian Accounting Standards applicable to the Company's annual financial statements.

The financial information should be read in conjunction with the risk factors described in Section 4 of the Prospectus, and other information detailed within or referred to in the Prospectus, including the Company's other periodic and continuous disclosure announcements referred to in Section 5.4 of the Prospectus.

	Reviewed Balance Sheet 31 December 2023	Placement	Share Purchase Plan	Pro-forma 31 December 2023
	(A$)	(A$)	(A$)	(A$)
Assets
Current assets
Cash and cash equivalents	5,862,213	15,218,175	1,825,195	22,905,583
Other receivables	178,215			178,215
Other current assets	94,880			94,880
Assets classified as disposal group	2,612,405			2,612,405
Total current assets	8,747,713			25,791,083
Non-current assets
Security deposits	53,295			53,295
Plant and equipment	9,524			9,524
Right of use assets	267,140			267,140
Exploration and evaluation	32,827,319			32,827,319
Total non-current assets	33,157,278			33,157,278
Total assets	41,904,991			58,948,361
Liabilities
Current liabilities
Trade and other payables	3,564,118			3,564,118
Employee benefits	107,215			107,215
Other current liabilities	3,067			3,067
Lease liabilities	82,674			82,674
Liabilities directly associated with assets classified as disposal group	112,041			112,041
Total current liabilities	3,869,115			3,869,115
Non-current liabilities
Employee benefits	1,847			1,847
Lease liabilities	207,091			207,091
Total non-current liabilities	208,938			208,938
Total liabilities	4,078,053			4,078,053
Net assets	37,826,938			54,870,308
Equity
Share capital	82,278,531	15,218,175	1,825,195	99,321,901
Other equity	314,346			314,346
Other reserves	5,006,460			5,006,460
Accumulated losses	(49,712,736)			(49,712,736)
Capital and reserves attributable to owners of parent	37,886,601			54,929,971
Non-controlling interests	(59,663)			(59,663)
Total equity	37,826,938			54,870,308

The adjustments in this pro forma statement of financial position are as follows:

1          the issue of 90,391,118 Shares at A$0.18 per Share under the Placement to raise gross proceeds of approximately A$16,270,401 less the cost of the Placement (including brokerage, lead manager and quotation fees) of approximately A$1,052,226 (excluding GST); and

2          the issue of 11,111,108 SPP Shares at A$0.18 (£0.0936) per SPP Share to raise gross proceeds of approximately A$2,000,000 (assuming the SPP Offer is fully subscribed) less the cost of the SPP Offer as detailed in Section 5.15 of the Prospectus (being approximately A$174,805).

Related Party Transaction

Subject to Shareholder approval, Mr Andrew Grove, a Director, committed to subscribe for 555,556 Director Placement Shares to raise approximately A$100,000 (before costs), and up to 416,667 Placement Options under the Tranche 2 Placement. As subsequently announced on

15 April 2024, Mr Philip Mitchell, a Director, is seeking to invest an additional A$30,000 under the Tranche 2 Placement, subject to shareholder approval at the General Meeting, scheduled to be held on Tuesday, 21 May 2024. 

The issue of the 555,556 Director Placement Shares and 416,556 Placement Options to Mr Andrew Grove and the 166,666 Director Placement Shares and 124,999 Placement Options to Mr Philip Mitchell under the Tranche 2 Placement constitutes a related party transaction for the purpose of Rule 13 of the AIM Rules. The Directors (other than Mr Andrew Grove and Mr Philip Mitchell), who are independent of the Tranche 2 Placement, having consulted with SP Angel Corporate Finance LLP, the Company's nominated adviser, consider that the terms of the Tranche 2 Placement are fair and reasonable in so far as Shareholders are concerned. 

Taxation Implications

The Directors do not consider it appropriate to give Applicants advice regarding the taxation consequences of subscribing for New Securities under the Prospectus (nor of exercising any SPP Options and/or Placement Options into Shares). The Company, its advisers and its officers do not accept any responsibility or liability for any such taxation consequences to Applicants. As a result, Applicants should consult their professional tax adviser in connection with subscribing for New Securities under the Prospectus.

Privacy

The Company collects information about each Applicant provided on an Application Form for the purposes of processing that Application and, if the Application is successful, to administer the Applicant's security holding in the Company. Such information may be used to assess your Application, service your needs as a holder of securities, provide facilities and services that you request and carry out appropriate administration.

By submitting an Application Form, each Applicant agrees that the Company may use the information provided by an Applicant on the Application Form for the purposes set out in this privacy disclosure statement and may disclose it for those purposes to the Share Registry, the Company's or its subsidiaries', agents, contractors and third party service providers, including mailing houses and professional advisers, and to the ASX and regulatory authorities, or as otherwise permitted under the Privacy Act 1988 (Cth).

Enquiries concerning the Prospectus

Enquiries relating to the Prospectus or the Offers should be directed to the Share Registry, Computershare Investor Services Pty Ltd on 1300 850 505 (within Australia) or [phone] (outside Australia) between 8:30am and 5:00pm (AEST) Monday to Friday (excluding public holidays) during the offer period for the Offers or email the Company Secretary at [e-mail].

Eligible DI Holders should contact the Depositary, Computershare Investor Services PLC on 0370 702 0000 (within UK) or [phone] (outside UK) between 8:30am and 5:30pm (BST) on any London business day.

For Further Information, please contact:

Andrew Grove Managing Director and CEO Aura Energy Limited [e-mail]		Paul Ryan Citadel-MAGNUS Investor & Media Relations [e-mail] [phone]	SP Angel Corporate Finance LLP (Nominated Advisor and Broker) David Hignell Kasia Brzozowska Grant Barker [phone]
	About Aura Energy (ASX:AEE, AIM:AURA)
	Aura Energy is an Australian-based mineral company with major uranium and polymetallic projects in Africa and Europe. The Company is focused on developing a uranium mine at the Tiris Uranium Project, a major greenfield uranium discovery in Mauritania. The February 2024 FEED study demonstrated Tiris to be a near-term low-cost 2Mlbs U3O8 p.a near term uranium mine with a 17-year mine life with excellent economics and optionality to expand to accommodate future resource growth. Aura plans to transition from a uranium explorer to a uranium producer to capitalise on the rapidly growing demand for nuclear power as the world shifts towards a decarbonised energy sector. Beyond the Tiris Project, Aura owns 100% of the Häggån Project in Sweden. Häggån contains a global-scale 2.5Bt vanadium, sulphate of potash ("SOP") and uranium resource. Utilising only 3% of the resource, a 2023 Scoping Study outlined a 27-year mine life based on mining 3.5Mtpa.                   @AuraEnergyAEE                    https://www.linkedin.com/company/aura-energy-limited                  Subscribe for Investor Updates

 

END