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Aura Energy Limited (AURA)

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Monday 12 August, 2019

Aura Energy Limited

Issue of Shares

RNS Number : 6843I
Aura Energy Limited
12 August 2019
 

 

AURA ENERGY LIMITED

("Aura" or the "Company")

 

Issue of Shares

 

 

Aura wishes to inform the market that on 12 August 2019 the Company issued the following ordinary shares:

 

SD Capital Advisory Limited/GKB Ventures Limited for provision of

  financing advisory services                                                                                     1,931,218

 

Total number of ordinary shares on issue                                                          1,247,078,673

 

Ordinary shares held in Treasury                                                                                         Nil

 

Expected Admission date                                                                                19 August 2019

 

Background

 

SD Capital Advisory/GKB Ventures Limited Engagement Letter

On 25 January 2019, the Company executed a Letter of Engagement with SD Capital Advisory Limited and GKB Ventures Limited (collectively "S&G") as joint finance advisors to arrange funding for both the Tiris uranium project in Mauritania and the Häggån vanadium project in Sweden.  The issue of shares referred to above represents a retainer payable for June 2019.  The 20-day VWAP price immediately preceding the 25 June 2019 for the issue of shares to S&G was 1.139 Australian cents per share.

 

Total shares on issue

The total number of ordinary shares on issue following the issue and Admission of the above Placement Shares will be 1,247,078,673 ordinary shares.  There are no shares held in treasury and, therefore this figure may be used by shareholders, from the appropriate time, as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

 

For more information please visit www.auraenergy.com.au or contact the following:

 

 

 

 

Aura Energy Limited

Peter Reeve (Executive Chairman)

WH Ireland Limited

(Nominated Adviser and Joint Broker)

Adrian Hadden

James Sinclair-Ford

 

SP Angel Corporate Finance LLP

(Joint Broker)

Ewan Leggat

Jamie Spotswood

 

Yellow Jersey PR Limited

Felicity Winkles

Joe Burgess

 

Telephone: +61 (3) 9516 6500

[email protected]

Telephone: +44 (0) 207 220 1666

 

 

 

 

Telephone: +44 (0) 203 470 0470

 

Telephone: +44 (0) 7769 325 254

 

 

The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014.

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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