ASX Trading Halt Update

RNS Number : 2922V
Aura Energy Limited
04 April 2023

          4 April 2023

Aura Energy Limited


ASX Trading Halt Update



Aura Energy Limited (ASX:AEE, AIM:AURA) ("Aura", the "Company") a company focused on the development of the 85% owned Tiris Uranium Project, Mauritania, announces that following the Company's announcement on 31 March 2023 Aura's shares were placed in a Trading Halt pending a further announcement from the Company.

The Company has now published an announcement dated 3 April 2023, in relation to the uranium mining man in Sweden.

The Australian Securities Exchange ("ASX") has informed the Company that the trading halt has been lifted and trading of the Company's shares has resumed on the ASX.

The trading halt did not affect trading in the Company's shares on the AIM Market of the London Stock Exchange, where normal trading continued.

For Further Information, please contact:

David Woodall

Managing Director and CEO

Aura Energy Limited


Paul Ryan


Investor & Media Relations

+61 409 296 511


SP Angel Corporate Finance LLP

(Nominated Advisor and Joint Broker)

David Hignell

Kasia Brzozowska

+44 (0) 203 470 0470


WH Ireland Limited

(Joint Broker)

James Bavister

Andrew de Andrade

+44 (0) 207 220 1666




About Aura Energy (ASX:AEE, AIM:AURA)


Aura Energy is an Australian-based minerals company with major uranium and polymetallic projects with large resources in Africa and Europe. The Company is principally focused on initial uranium production at its Tiris Uranium Project, an evolving major greenfields uranium discovery in Mauritania, with Aura announcing a Resource Upgrade in February 2023, bringing the total JORC Resource to 59 Mlbs (at a 100 ppm U3O8 lower cut-off grade).

In March 2023, Aura released an Enhanced Definitive Feasibility Study for Tiris, reconfirming Tiris as one of the lowest capex, lowest operating cost uranium projects slated for development.

In October 2021, the Company entered a US$10m Offtake Financing Agreement with Curzon, which includes an additional up to US$10m facility, bringing the maximum available under the agreement to US$20m.

In 2023, Aura will continue to transition from an advanced uranium explorer to uranium producer, to capitalise on the growing appetite for nuclear power as a critical, baseload, near-zero-carbon energy source to help drive the global shift towards decarbonising energy generation.


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