Expiry of options

RNS Number : 2923V
Aura Energy Limited
04 April 2023
 

         4 April 2023

Aura Energy Limited

 

Expiry of options

 

 

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 options over 1,116,452 ordinary shares expired without exercise or conversion on 31 March 2023.

The full version of the ASX announcement can be seen here: http://www.rns-pdf.londonstockexchange.com/rns/2923V_1-2023-4-4.pdf

 

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 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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