Aura Energy Limited Issue of Equity
July 03 2024 - 4:20AM
RNS Regulatory News
RNS Number : 9727U
Aura Energy Limited
03 July 2024
3
July 2024
Aura Energy Limited
("Aura"
or the "Company")
Issue of
Equity
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Aura Energy Limited (ASX:AEE, AIM:AURA) ("Aura", the "Company") 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://auraenergy.com.au/investor-centre/asx-announcements/
The Company has issued ordinary
shares at an exercise price of A$0.052 each arising from an
exercise of listed options ("New Shares").
Application will be made for
23,330,614 New Shares respectively to be admitted to trading on AIM
("Admission"). It is expected that Admission will become effective
on or around 10 July 2024.
Total Voting Rights
Following the issue of the
23,330,614 New Shares, the total issued share capital of the
Company will consist of 787,089,409 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
787,089,409 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:
Andrew Grove
Managing Director and CEO
Aura Energy Limited
info@auraenergy.com.au
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Paul Ryan
Morrow Sadali
Investor & Media
Relations
p.ryan@morrowsodali.com
+61 409 296 511
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SP Angel Corporate Finance
LLP
(Nominated Advisor and
Broker)
David Hignell
Kasia Brzozowska
+44 (0) 203 470 0470
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About Aura Energy (ASX:AEE, AIM:AURA)
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Aura Energy is an Australian-based
mineral company with major uranium and polymetallic projects in
Africa and Europe.
The Company is focused on developing
a uranium mine at the Tiris Uranium Project, a major greenfield
uranium discovery in Mauritania. The February 2024 FEED study
demonstrated Tiris to be a near-term low-cost 2Mlbs
U3O8 p.a near term uranium mine with a
17-year mine life with excellent economics and optionality to
expand to accommodate future resource growth.
Aura plans to transition from a
uranium explorer to a uranium producer to capitalise on the rapidly
growing demand for nuclear power as the world shifts towards a
decarbonised energy sector.
Beyond the Tiris Project, Aura owns
100% of the Häggån Project in Sweden. Häggån contains a
global-scale 2.5Bt vanadium, sulphate of potash ("SOP") and uranium
resource. Utilising only 3% of the resource, a 2023 Scoping Study
outlined a 27-year mine life based on mining 3.5Mtpa.
@AuraEnergyAEE
https://www.linkedin.com/company/aura-energy-limited
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