Aura Energy Limited Issue of Equity (6247J)

TIDMAURA

RNS Number : 6247J

Aura Energy Limited

17 August 2023

 
    Aura Energy Limited 
  ("Aura" or the "Company") 
 
 
       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 302,000 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 302,000 New Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective on or around 24 August 2023.

Total Voting Rights

Following the issue of the 302,000 New Shares, the total issued share capital of the Company will consist of 617,138,204 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 617,138,204 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                                                              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)                                                                     James Bavister 
 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 
    two major projects, the Tiris 
    Uranium Project in Mauritania, and the Häggån Polymetallic 
    Project in Sweden. 
 
    The Company is primarily focused on proceeding to first uranium 
    production from the 
    Tiris Uranium Project (Aura owns 85%), a major greenfields 
    uranium discovery. A recent 
    Enhanced Feasibility Study increased the project NPV significantly 
    and reconfirmed Tiris as 
    one of the lowest capex, lowest operating cost uranium projects 
    that remains 
    undeveloped in the world. The Company holds Offtake Financing 
    Agreements with Curzon 
    and is in the process of negotiating additional offtake arrangements. 
 
    Aura also holds 100% of the Häggån Polymetallic 
    Project, one of the world's largest 
    undeveloped vanadium resources with significant by-products 
    credits possible in nickel, 
    zinc, molybdenum, uranium and sulphate of potash. 
 
    In 2023, Aura will continue the transition from a uranium 
    explorer to a uranium producer, 
    to capitalise on the rapidly growing demand for nuclear power 
    as the world continues to 
    shift towards a decarbonised energy sector. 
 
 
 
    @AuraEnergyAEE 
 
 
 
 
    https://www.linkedin.com/company/aura-energy-limited 
 
 
 
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August 17, 2023 02:27 ET (06:27 GMT)

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