Aura Energy Limited Issue of Equity (3376B)

TIDMAURA

RNS Number : 3376B

Aura Energy Limited

30 September 2022

Aura Energy Limited

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 5,600,583 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 5,600,583 New Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective on or around 7 October 2022.

Total Voting Rights

Following the issue of the 5,600,583 New Shares, the total issued share capital of the Company will consist of 511,979,168 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 511,979,168 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:

 
 Will Goodall                     Jane Morgan 
  Acting CEO                       JMM 
  Aura Energy Limited              Investor & Media Relations 
  info@auraenergy.com.au           info@janemorganmanagement.com.au 
                                   +61 405 555 618 
 SP Angel Corporate Finance LLP   WH Ireland Limited 
  (Nominated Advisor and Joint     (Joint Broker) 
  Broker)                          Jessica Cave 
  David Hignell                    Andrew de Andrade 
  Kasia Brzozowska                 +44 (0) 207 220 1666 
  +44 (0) 203 470 0470 
                                 ---------------------------------- 
 
 
   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 August 2021, 
    bringing the total JORC Resource to 56 Mlbs (at a 100 ppm 
    U(3) O(8) lower cut-off grade). 
    Aura also completed a 2021 capital estimate update for 
    the Tiris Definitive Feasibility Study, to reflect current 
    global pricing, 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 2022, 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. 
 
 
 
    @AuraEnergyAEE 
    https://www.linkedin.com/company/aura-energy-limited 
    Subscribe for Investor Updates

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September 30, 2022 04:38 ET (08:38 GMT)

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