Completion of Director shares & cleansing notice

Aura Energy Limited

23 December 2025

 

                                                                                                     23 December 2025

Completion of issue of Directors shares and cleansing notice

The Annual General Meeting of Shareholders held on 25 November 2025 approved the issue of a total of 1,146,414 shares to Non-Executive Directors during the 2025 financial year for services provided. The Company confirms these shares have now been issued.

Together with the accompanying ASX Appendix 2A, the Company confirms:

1.   The Company is providing this notice under section 708A(5)(e) of the Corporations Act

2.   As at the date of this notice, the Company has complied with:

a.   The provisions of Chapter 2M of the Corporations Act as they apply to the Company

b.   Sections 674 and 674A of the Corporations Act

3.   As at the date of this notice, there is no 'excluded information' within the meaning of sections 708A(7) and 708A(8) of the Corporations Act which is required to be disclosed by the Company, other than as set out below

The Company is continuing discussions with government, potential contract parties, staff, communities and others covering a comprehensive range of matters, including strategic options to create value for the Company's Sweden assets. As at the date of this notice, none of these matters have advanced to a point where binding agreements have been entered into, and there can be no certainty that any agreement or agreements will be entered into, or that any transaction will eventuate. On the 5th of November 2025, the Parliament of Sweden voted to overturn the uranium mining ban, which has been in place since 2018. The lifting of the ban will come into effect on January 1st, 2026.

The Company will continue to keep the market updated in accordance with its continuous disclosure obligations.

ENDS

This release has been approved by the Board of Aura Energy Ltd.

This Announcement contains inside information for the purposes of the UK version of the market abuse regulation (EU No. 596/2014) as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018 ("UK MAR").

For further information, please contact:

Philip Mitchell Executive Chair Aura Energy Limited [e-mail] [phone]

SP Angel Corporate Finance LLP Nominated Adviser David Hignell Adam Cowl & Devik Mehta [phone]

Tamesis Partners LLP Broker Charlie Bendon Richard Greenfield [phone]

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

Aura Energy Limited (ASX:AEE, AIM:AURA) is an Australian-based company focused on the development of uranium and battery metals to support a cleaner energy future.

Aura is advancing two key projects:

·      Tiris Uranium Project, Mauritania - A fully permitted, near-term development asset with a potential long mine life. 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. Basic Engineering work is ongoing and expected to complete in Q2 2026, which may impact upon processes and economics.[1]

·      Häggån Polymetallic Project, Sweden - A globally significant deposit containing vanadium, sulphate of potash, and uranium with potential long-term value.

Aura is committed to creating value for host nations, local communities, and shareholders through responsible and sustainable resource development.

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[1] ASX Release dated 25 November 2025 "Chair Address - Annual General Meeting 2025"

 

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