22 May
2024
Results from Aura Energy
Limited General Meeting
Aura Energy Limited (ASX:AEE,
AIM:AURA) ("Aura", the "Company") advises that all resolutions
contained in the Notice of General Meeting dated 19 April 2024,
were carried by poll at the Company's General Meeting ("GM") held
yesterday.
The GM was held, inter alia, to
approve the issue of Shares and Options to two Persons Discharging
Managerial Responsibilities PDMR): Andrew Grove and Philip
Mitchell, in line with the Company's announcements of 23 April 2024
and 15 April 2024.
Application has been made for
11,833,330 ordinary shares of no par value each in the Company
("Ordinary Shares") to be admitted to trading on AIM, which is
expected to commence on or around 30 May 2024
("Admission").
On Admission, Andrew Grove and
Philip Mitchell will hold a beneficial interest in 555,556 and
166,666 Ordinary Shares respectively, representing 0.078% and
0.23% per cent of the total issued share capital of the Company as
at 30 May 2024.
In accordance with ASX Listing Rule
3.13.2 and section 251AA of the Corporations Act, details of the
proxies received, votes cast and the outcome in respect of each
resolution, please refer to
Results of General Meeting.
Total voting rights
Following the issue and Admission of
the 11,833,330 new Ordinary Shares, the Company's total issued
share capital will consist of 752,598,983 Ordinary Shares. No
shares are held in treasury. Accordingly, the total number of
voting rights in the Company will be 752,598,983.
The above 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 Financial Conduct Authority's Disclosure
Guidance and Transparency Rules.
ENDS
This announcement is approved for
release by the Managing Director & CEO.
This Announcement contains inside
information for the purposes of the UK version of the market abuse
regulation (EU No. 596/2014) as it forms part of United Kingdom
domestic law by virtue of the European Union (Withdrawal) Act 2018
("UK MAR").
For
further information, please contact:
|
Andrew Grove
Managing Director and CEO
Aura Energy Limited
agrove@auraee.com
+61 414 011 383
|
Paul
Ryan
Morrow Sodali
Investor & Media
Relations
p.ryan@morrowsodali.com
+61 409 296 511
|
SP
Angel Corporate Finance LLP
Nominated Advisor and
Broker
David Hignell
Kasia Brzozowska
Grant Barker
+44 203 470 0470
|
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. The February 2024 FEED study
demonstrated Tiris to be a near-term low-cost 2Mlbs
U3O8 pa near term uranium mine with a 17-year
mine life with excellent economics and optionality to expand to
accommodate 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.
Disclaimer Regarding Forward-Looking
Statements
This ASX announcement (Announcement)
contains various forward-looking statements. All statements other
than statements of historical fact are forward-looking statements.
Forward-looking statements are inherently subject to uncertainties
in that they may be affected by a variety of known and unknown
risks, variables and factors which could cause actual values or
results, performance or achievements to differ materially
from the expectations described in such forward-looking
statements. The Company does not give any assurance or
guarantee that the anticipated results, performance or
achievements expressed or implied in those forward-looking
statements will be achieved.
Notification of transaction by Person Discharging Managerial
Responsibilities ("PDMR")
|
1
|
Details of the person discharging
managerial responsibilities/person closely associated
|
|
a)
|
Name
|
1) Andrew
Grove
2) Philip
Mitchell
|
|
2
|
Reason for the
notification
|
|
a)
|
Position/status
|
1) Managing
Director and CEO
2) Non-Executive
Chairman
|
|
b)
|
Initial
notification/Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission
allowance market participant, auction platform, auctioneer or
auction monitor
|
|
a)
|
Name
|
Aura Energy Limited
|
|
b)
|
LEI
|
5493003D06RIWBKIKA27
|
|
4
|
Details of the transaction(s):
section to be repeated for (i) each type of instrument; (ii) each
type of transaction; (iii) each date; and (iv) each place where
transactions have been conducted
|
|
a)
|
Description of the financial
instrument, type of instrument
Identification code
|
Ordinary Shares of no par value each
in the Company AU000000AEE7
|
|
b)
|
Nature of the transaction
|
Participation in
fundraise
|
|
c)
|
Price(s) and volume(s)
|
|
Price
|
Volume
|
|
1) A$0.18
(£0.0936)
|
555,556
|
|
2) A$0.18
(£0.0936)
|
166,666
|
|
|
d)
|
Aggregated information
|
|
Price
|
Aggregated Volume
|
|
1) A$0.18
(£0.0936)
|
555,556
|
|
2) A$0.18
(£0.0936)
|
166,666
|
|
|
e)
|
Date of the transaction
|
21 May 2024
|
|
f)
|
Place of the transaction
|
Outside a Trading Venue
|
Notification of transaction by Person Discharging Managerial
Responsibilities ("PDMR")
|
1
|
Details of the person discharging
managerial responsibilities/person closely associated
|
|
a)
|
Name
|
3) Andrew
Grove
4) Philip
Mitchell
|
|
2
|
Reason for the
notification
|
|
a)
|
Position/status
|
3) Managing
Director and CEO
4) Non-Executive
Chairman
|
|
b)
|
Initial
notification/Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission
allowance market participant, auction platform, auctioneer or
auction monitor
|
|
a)
|
Name
|
Aura Energy Limited
|
|
b)
|
LEI
|
5493003D06RIWBKIKA27
|
|
4
|
Details of the transaction(s):
section to be repeated for (i) each type of instrument; (ii) each
type of transaction; (iii) each date; and (iv) each place where
transactions have been conducted
|
|
a)
|
Description of the financial
instrument, type of instrument
Identification code
|
Options over Ordinary Shares of no
par value each in the Company AU000000AEE7
|
|
b)
|
Nature of the transaction
|
Participation in
fundraise
|
|
c)
|
Price(s) and volume(s)
|
|
Price
|
Volume
|
|
3) A$0.18
(£0.0936)
|
416,667
|
|
4) A$0.18
(£0.0936)
|
124,999
|
|
|
d)
|
Aggregated information
|
|
Price
|
Aggregated Volume
|
|
3) A$0.18
(£0.0936)
|
416,667
|
|
4) A$0.18
(£0.0936)
|
124,999
|
|
|
e)
|
Date of the transaction
|
21 May 2024
|
|
f)
|
Place of the transaction
|
Outside a Trading Venue
|