TIDMAURA

RNS Number : 5239Z

Aura Energy Limited

12 January 2024

12 January 2024

 
    Aura Energy Limited 
  ("Aura" or the "Company") 
 
 
       Issue of Equity 
===========================

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 options ("New Shares").

Application will be made for the 466,666 New Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective on or around 19 January 2024.

Total Voting Rights

Following the issue of the 466,666 New Shares, the total issued share capital of the Company will consist of 621,657,173 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 621,657,173 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 
  (Nominated Advisor and Broker) 
  David Hignell 
  Kasia Brzozowska 
  +44 (0) 203 470 0470 
                                        ----------------------------------- 
     About Aura Energy (ASX:AEE, AIM:AURA) 
     Aura Energy is an Australian-based minerals company that 
      has major uranium and polymetallic projects with large resources 
      in Africa and Europe. The Company is now focused on uranium 
      production from the Tiris Project, a major greenfield uranium 
      discovery in Mauritania. 
 
      A recent Enhanced Feasibility Study has increased the project 
      NPV significantly which reconfirms Tiris as one of the lowest 
      capex, lowest operating cost uranium projects that remain 
      undeveloped in the world. 
 
      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 2023, Aura will continue to 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 
      Subscribe for Investor Updates

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END

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