TIDMAURA

RNS Number : 3947K

Aura Energy Limited

21 December 2022

21 December 2022

 
       Aura Energy Limited 
     ("Aura" or the "Company") 
 
 
  Admission of Loan Funded Shares 
================================= 
 

Aura Energy Limited (ASX:AEE, AIM:AURA) ("Aura", the "Company") a company focused on the development of the 85% owned Tiris Uranium Project, Mauritania, confirms that application has been made for the 22,000,000 Loan Funded Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective on or around 29 December 2022.

For additional information on the Loan Funded Shares, which are being issued to Aura Directors per the PDMR dealing table below, please see the Company's announcements dated 31 October 2022 (which includes a link to the Notice of Annual General Meeting) and 29 November 2022.

Total Voting Rights

Following the issue of the 22,000,000 Loan Funded Shares, the total issued share capital of the Company will consist of 554,630,887 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 554,630,887 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                    Jane Morgan 
  Managing Director and 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 
 
 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name:                              A: David Woodall 
                                          B: Philip Mitchell 
                                          C: Patrick 
                                          Mutz 
                                          D: Bryan Dixon 
                                          E: Warren Mundine 
     ---------------------------------  ------------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------------------ 
 a)   Position/status:                   A: Managing 
                                          Director & 
                                          CEO 
                                          B: Non-Executive 
                                          Chairman 
                                          C: Non-Executive 
                                          Director 
                                          D: Non-Executive 
                                          Director 
                                          E: Non-Executive 
                                          Director 
     ---------------------------------  ------------------------------------------- 
 b)   Initial notification/Amendment:    Initial notification 
     ---------------------------------  ------------------------------------------- 
 3.   Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or auction 
       monitor 
     ------------------------------------------------------------------------------ 
 a)   Name:                              Aura Energy 
                                          Limited 
     ---------------------------------  ------------------------------------------- 
 b)   LEI:                               5493003D06RIWBKIKA27 
     ---------------------------------  ------------------------------------------- 
 4.   Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type 
       of transaction; (iii) each date; and (iv) each place 
       where transactions have been conducted 
     ------------------------------------------------------------------------------ 
 a)   Description of the financial       shares of no 
       instrument, type of instrument:    par value each 
       Identification code:               AU000000AEE7 
     ---------------------------------  ------------------------------------------- 
 b)   Nature of the transaction:         Entitlement 
                                          to Loan Funded 
                                          Shares (as 
                                          part of Loan 
                                          Funded Equity 
                                          Scheme) 
     ---------------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s):             A: David Woodall Price(s)    Volume(s) 
                                            A$0.30      16,000,000 
                                                       ----------- 
 
 
 
                                           B: Philip Mitchell Price(s)    Volume(s) 
                                            A$0.30      2,000,000 
                                                       ---------- 
 
 
 
                                           C: Patrick 
                                           Mutz Price(s)    Volume(s) 
                                            A$0.30      2,000,000 
                                                       ---------- 
 
 
                                           D: Bryan Dixon Price(s)    Volume(s) 
                                            A$0.30      1,000,000 
                                                       ---------- 
 
 
 
                                           E: Warren Mundine Price(s)    Volume(s) 
                                            A$0.30      1,000,000 
                                                       ---------- 
     ---------------------------------  ------------------------------------------- 
 d)   Aggregated information:            Issue of Loan 
       Aggregated volume:                 Funded Shares 
       Price:                             as above 
     ---------------------------------  ------------------------------------------- 
 e)   Date of the transaction:           21 December 
                                          2022 
     ---------------------------------  ------------------------------------------- 
 f)   Place of the transaction:          Outside a trading 
                                          venue 
     ---------------------------------  ------------------------------------------- 
 

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