Director Dealing

RNS Number : 1160V
Aura Energy Limited
03 April 2023
 

        3 April 2023

Aura Energy Limited

("Aura" or the "Company")

 

 

Director Dealing

 

 

Aura Energy Limited (ASX:AEE, AIM:AURA) ("Aura", the "Company") a company focused on the development of the 85% owned Tiris Uranium Project in Mauritania, advises that Philip Mitchell, Non-Executive Chairman of the Company, has purchased 37,000 ordinary shares in the Company at a price of A$0.24 per share ("Shares").

Following completion of the Share purchase, Phil Mitchell holds 10,037,404 Shares in the Company which represents 1.80 per cent. of the issued share capital and total voting rights of the Company.

 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ('MAR') which has been incorporated into UK law by the European Union (Withdrawal) Act 2018.  Upon the publication of this announcement via Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.

For Further Information, please contact:

David Woodall

Managing Director and CEO

Aura Energy Limited

info@auraenergy.com.au

 

Paul Ryan

Citadel-MAGNUS

Investor & Media Relations

Pryan@citadelmagnus.com

+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 BavisterAndrew 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 focused on uranium production the Tiris Project, a major greenfields uranium discovery in Mauritania.

The March 2023 Enhanced Feasibility Study has increased the project NPV significantly which reconfirms Tiris as one of the lowest capex, lowest operating cost uranium projects that remains undeveloped in the world.

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 a uranium explorer to uranium producer, to capitalise on the rapidly growing demand for nuclear power as the world continues to shift towards a decarbonised energy sector.

 
 

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    @AuraEnergyAEE 

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 https://www.linkedin.com/company/aura-energy-limited

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NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

   

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Philip Mitchell

2. 

Reason for the notification

a)

Position/status:

Non-Executive Chairman

b)

Initial notification/Amendment:

Initial notification

3. 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name:

Aura Energy Limited

b)

LEI:

5493003D06RIWBKIKA27

4. 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument:

Identification code:

 

shares of no par value each

 AU000000AEE7

 

b)

Nature of the transaction:

Purchase of shares

c)

Price(s) and volume(s):

 

Price(s)

Volume(s)

$0.24

37,000

 

d)

Aggregated information:

Aggregated volume:

Price:

Single transaction as in 4 c) above

 

e)

Date of the transaction:

31 March 2023

f)

Place of the transaction:

Outside a trading venue

 

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