Aura Energy Limited Issue of Equity
February 12 2024 - 2:48AM
RNS Regulatory News
RNS Number : 7993C
Aura Energy Limited
12 February 2024
12 February 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 options ("New Shares").
Application will be made for the
305,690 New Shares to be admitted to trading on AIM ("Admission").
It is expected that Admission will become effective on or around 19
February 2024.
Total Voting Rights
Following the issue of the 305,690
New Shares, the total issued share capital of the Company will
consist of 622,681,753 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 622,681,753 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:
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Andrew Grove
Managing Director and CEO
Aura Energy Limited
info@auraenergy.com.au
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Paul Ryan
Citadel-MAGNUS
Investor & Media
Relations
Pryan@citadelmagnus.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
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
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