Aura Energy Limited Issue of Equity (9197C)
October 14 2022 - 2:00AM
UK Regulatory
TIDMAURA
RNS Number : 9197C
Aura Energy Limited
14 October 2022
14 October 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 11,569,585 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 11,569,585 New Shares to be
admitted to trading on AIM ("Admission"). It is expected that
Admission will become effective on or around 21 October 2022.
Total Voting Rights
Following the issue of the 11,569,585 New Shares, the total
issued share capital of the Company will consist of 530,548,683
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 530,548,683 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
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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
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END
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