Issue of Equity

Aura Energy Limited
17 August 2023
 

                                                                                                                         17 August 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 302,000 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 302,000 New Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective on or around 24 August 2023.

 

Total Voting Rights

Following the issue of the 302,000 New Shares, the total issued share capital of the Company will consist of 617,138,204 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  617,138,204 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 with two major projects, the Tiris

Uranium Project in Mauritania, and the Häggån Polymetallic Project in Sweden.

 

The Company is primarily focused on proceeding to first uranium production from the

Tiris Uranium Project (Aura owns 85%), a major greenfields uranium discovery. 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, 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 the 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.


 
 @AuraEnergyAEE  


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


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