Issue of Equity

Aura Energy Limited
25 May 2023
 

                                                                                                             25 May 2023

Aura Energy Limited

("Aura" or the "Company")

 

 

Issue of Equity

 

 

Aura Energy Limited (ASX:AEE, AIM:AURA) ("Aura", the "Company") a company focused on the development of the 85% owned Tiris Uranium Project, Mauritania, advises that an Appendix 2A (Application for quotation of securities) has been filed with the Australian Securities Exchange ("ASX") and is available on the Company's website: https://www.auraenergy.com.au/investor-centre/#asx

The Company has issued 847 ordinary shares at an exercise price of A$0.052 each arising from an exercise of options ("New Shares").

Application will be made for the 847 New Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective on or around 1 June 2023.

 

Total Voting Rights

Following the issue of the 847 New Shares, the total issued share capital of the Company will consist of 612,852,434 ordinary shares of no par value each ("Ordinary Shares"). The Company does not hold any Ordinary Shares in Treasury. Therefore, the total current voting rights in the Company following Admission will be 612,852,434 and this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

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 that has major uranium and polymetallic projects with large resources in Africa and Europe. The Company is focused on proceeding to first uranium production from the flagship Tiris Uranium Project, a major greenfields uranium discovery in Mauritania. A recent Enhanced Feasibility Study increased the project NPV significantly and reconfirmed Tiris as one of the lowest capex, lowest operating cost uranium projects that remains undeveloped in the world. The Company holds Offtake Financing Agreements with Curzon and is in the process of negotiating additional offtake arrangements.

 

Aura also holds 100% of the Häggån Polymetallic Project in Sweden, one of the world's largest undeveloped vanadium resources with significant by-products credits possible in nickel, zinc, molybdenum, uranium and sulphate of potash.

 

In 2023, Aura will continue to transition from a uranium explorer to a 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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