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Aura Energy Limited (AURA)

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Tuesday 29 October, 2019

Aura Energy Limited

Issue of Shares

RNS Number : 4023R
Aura Energy Limited
29 October 2019



("Aura" or the "Company")


Issue of Shares



Aura wishes to inform the market that on 25 October 2019 the Company issued the following ordinary shares:


Lind Global Macro Fund LP on conversion of convertible notes into

  fully paid ordinary shares                                                                                      14,285,715


Ordinary shares held in Treasury                                                                                         Nil


Expected Admission date                                                                            4 November 2019



Conversion of convertible notes

On 30 April 2019, the Company executed a Convertible Security Financing Agreement and a Security Deed with Lind Global Macro Fund LP for A$2,000,000 (face value A$2,400,000).  Following the expiry of 60 days from the date of execution, Lind was entitled to convert convertible notes into ordinary shares in the Company.  Under the Agreement, Lind is entitled to convert its convertible notes into ordinary shares at 90% of the average of 5 daily VWAPs chosen by Lind from the daily VWAPs for the 20 Trading Days immediately prior to the Conversion Notice Date.


The issue of shares referred to above relates to the third Conversion Notice received from Lind to convert A$100,000 (the maximum monthly convertible amount) of convertible notes into fully paid ordinary shares.  Lind has converted $400,000 of the Convertible Security Facility.


Total shares in issue

The total number of ordinary shares in issue following the issue and Admission of the above Shares will be 1,315,190,556 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 or contact the following:


Aura Energy Limited

Peter Reeve (Executive Chairman)

SP Angel Corporate Finance LLP

(Nominated Advisor and Joint Broker)

Ewan Leggat

Caroline Rowe


WH Ireland Limited

(Joint Broker)

Adrian Hadden

James Sinclair-Ford




Yellow Jersey PR Limited

Felicity Winkles

Joe Burgess

Telephone: +61 (3) 9516 6500

[email protected]

Telephone: +44 (0) 203 470 0470






Telephone: +44 (0) 207 220 1666






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

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