TIDMAURA

RNS Number : 5141M

Aura Energy Limited

12 January 2023

12 January 2023

 
    Aura Energy Limited 
  ("Aura" or the "Company") 
 
 
      Director Dealing 
=========================== 
 

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 Philip Mitchell, Non-Executive Chairman of the Company, has purchased 404 ordinary shares in the Company at a price of A$0.245 per share ("Shares").

Following completion of the Share purchase, Phil Mitchell holds 10,000,404 Shares in the Company which represents 1.80 per cent. of the issued share capital and total voting rights of the Company.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ('MAR') which has been incorporated into UK law by the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.

For Further Information, please contact:

 
 David Woodall                    Paul Ryan 
  Managing Director and CEO        Citadel-MAGNUS 
  Aura Energy Limited              Investor & Media Relations 
  info@auraenergy.com.au           Pryan@citadelmagnus.com 
                                   +61 409 296 511 
 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 
 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 
       Details of the person discharging managerial responsibilities/person 
   .    closely associated 
 a)    Name:                                     Philip Mitchell 
      ----------------------------------------  ----------------------------- 
 2.    Reason for the notification 
      ----------------------------------------------------------------------- 
 a)    Position/status:                          Non-Executive Chairman 
      ----------------------------------------  ----------------------------- 
 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 par value 
        instrument, type of instrument:           each 
        Identification code:                      AU000000AEE7 
      ----------------------------------------  ----------------------------- 
 b)    Nature of the transaction:                Purchase of shares 
      ----------------------------------------  ----------------------------- 
 c)    Price(s) and volume(s):                     Price(s)   Volume(s) 
                                                    $0.245     404 
                                                              ---------- 
      ----------------------------------------  ----------------------------- 
 d)    Aggregated information:                   Single transaction as 
        Aggregated volume:                        in 4 c) above 
        Price: 
      ----------------------------------------  ----------------------------- 
 e)    Date of the transaction:                  6 January 2023 
      ----------------------------------------  ----------------------------- 
 f)    Place of the transaction:                 Outside a trading venue 
      ----------------------------------------  ----------------------------- 
 

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END

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