AURA Aura Energy Limited

31 October 2024

Aura Energy Limited

("Aura" or the "Company")

Appendix 3B

Aura Energy Limited (ASX: AEE, AIM: AURA) ("Aura", the "Company") advises that an Appendix 3B (Proposed Issue of Options) form has been filled with the Australian Securities Exchange ("ASX") pursuant to the proposed grant of options to the Directors of the Company, further details of which are included in the Notice of Annual General Meeting as announced on 25 October 2024.

To view the Appendix 3B, click here: http://www.rns-pdf.londonstockexchange.com/rns/4105K_1-2024-10-31.pdf

The above forms are also available on the Company's website: https://auraenergy.com.au/investor-centre/   

ENDS

The Managing Director and CEO of Aura Energy Ltd has approved this announcement.

For Further Information, please contact:

About Aura Energy (ASX: AEE, AIM: AURA)  

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. 2024 FEED Study[1] and Updated Production Target[2] demonstrated Tiris to be a near-term low-cost 2Mlbs U₃O₈ pa future uranium mine with a 25-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")[3] and uranium[4] resource. Utilising only 3% of the resource, a 2023 Scoping Study[5] outlined a 17-year mine life based on mining 3.5Mtpa.